Meet David Beard, Founder of Lending Expert

David Beard founded Lending Expert in 2013 and today it is one of the UK’s fastest-growing price comparison websites for financial products including loans and mortgages.

Price comparison is big business in the UK, with a handful of dominant market players emerging in the noughties – offer tables and clear comparisons for products such as credit cards, loans, mortgage, utilities and energy suppliers. The business model is simple: you feature a number of partners, making a clear comparison of costs and product offerings and customers can click through to the supplier of their choice, whereby you earn a commission for every sale completed. 

Macclesfield-based David Beard set up Lending Expert after spending several years working in finance and developing a real interest in all financial products. 

“I founded Lending Expert back in 2013 after working in finance and seeing a gap in the market.”

“I noticed that the main price comparisons were pushing specific products or partners and I wanted to show a full market overview of products and give customers a true price comparison.”

“With Lending Expert, you have a full range of products across mortgages, credit cards and loans and we have also partnered with brokers to help with more bespoke products like secured loans and equity release.”

“As brokers or intermediaries, we don’t see the finished product and how people are spending their money, but we know that whether they are getting a business loan, loan for home improvements or releasing equity from their house – it’s helping people make real changes to their lives for the better.”

Lending Expert is a website that is free to use and any enquiries will not impact an individual’s credit score or eligibility for other future products. When using the broker option via Lending Expert, you are getting a hard working team that will search the market and come back to you with the best rates and terms – and you only pay if your loan is successful.

The online price comparison has helped thousands of customers since it was started and has achieved a rating of 4.81 out of 5 on Reviews.io, based on 223 reviews.

Beard has seen huge traction for secured loans this year, with covid making people re-think their home and work living arrangement, he explains. Households are using more secured loans to build things like home offices, convert garages, build extra bedrooms and garden rooms as gyms or for work purposes. 

For more information, visit LendingExpert.co.uk