| Latest Post |
FTAdviser.com
Skip to main sections, magazine titles
Solent ups mortgage completions to more than £1.1bn
- Story by: Sharon Flaherty
- Magazine: FTAdviser
- Published Tuesday , January 15, 2008
Advertising
SMS said the figure is down to the diversity of lenders on its 39 strong lender panel and the success of its online facilities for brokers.
According to SMS, its strategy to offer the widest range of lenders under one roof backed up by in house underwriting and experienced staff to help intermediaries, has put it in a strong position to benefit from the upturn in the market when the funding freeze eases.
Ian Balfour, sales and marketing director at SMS, said: "We have weathered the credit problems better than most and are thrilled to have generated over £1bn of completions in the most difficult year the industry has faced.
"SMS’s primary panel of branded lenders produced over 20 per cent of the total volume but with 25 other lenders all sharing nearly £800m of origination."