First Complete and Pink have posted record mortgage and protection figures for March 2017.
The networks, which are part of LSL Property Services, submitted a combined total of 7,151 mortgage applications - beating their previous monthly record of 800 applications – as lending reached £1.31bn.
Nearly 120 individuals from both networks secured over £3m worth of lending each in March – a 21 per cent increase on the previous high.
The providers also recorded a 17 per cent increase on their previous protection record, with appointed representatives in each network submitting 8,548 applications, while annual premium income jumped to an all-time high of £3.22m.
General insurance business also grew substantially in March, with total sales climbing to a monthly record of £387,857 as the number of cases reached 1,240.
Toni Smith, sales operations director at First Complete, said: “Looking at these statistics we can, once again, see how the First Complete and Pink mortgage networks continue to be amongst the best performing in the market.
“Despite lending softening across the market, our advisers have posted their best ever month. These figures highlight the success brought about by the hard-working individuals in our network, who strive to provide their clients with the best possible service.
“Looking ahead, we hope to continue this success by ensuring our brokers receive the support they need in today’s fast changing market.”
Michelle Lawson, director at Fareham-based Lawson Financial, commented: “I am not surprised by the figures. I think general volume as a whole is going up because the need for a broker is there more than ever before. The banks can’t deal with the volume of advice.”
simon.allin@ft.com
