Mortgage broker John Charcol has integrated Propp’s specialist property comparison tool onto its website.

It says the move will allow customers to access competitive commercial rates instantly online.

In March this year the pair teamed up to expand John Charcol’s commercial mortgage offering.

Propp chief executive Peter Williams says: “Propp has access to exclusive rates and terms from several commercial lenders, which make us very competitive in a market where commercial clients are struggling to remortgage due to higher rates and stress tests. “

He adds: “We’re finding that the semi-commercial market, despite the higher rate environment, is buoyant.

“Lenders are keen to lend money on property with a residential element because the risk is much less than fully commercial at a time of economic uncertainty.”

John Charcol mortgage technical manager Nick Mendes says: “Our partnership with Propp offers great value to our clients seeking commercial mortgages particularly at a time of high interest rates. 

“With the Propp commercial comparison tool now residing on the John Charcol website, this gives our clients a real time view of the best commercial products and rates available in the market.”