HML has secured its 50th client, won a billion pound mortgage administration deal and signed its 100th standby servicing contract in the last month.

The standby servicing contract win means it is now on notice to take over the servicing of mortgages worth £27 billion should its standby clients be unable to provide the service themselves.

Standby servicing is a necessary contingency arrangement for lenders or owners of mortgage customers that means their customers service levels will remain unaffected should the primary servicer of the loans be unable to provide that service.

Neil Warman, HML chief commercial and finance officer, said: “The hard work we started three years ago to transform HML into the obvious choice in the mortgage administration market is paying dividends.