Complete FS has seen an increase of over 63% in new business levels over the last quarter compared to the same period in 2011.

The South Coast based national mortgage distributor and packager has seen an increase in enquiries across all business areas, but especially in specialist buy-to-let mortgages, bridging and secured loans.

Tony Salentino, director at Complete FS, said: “The market is definitely cyclical. Since the credit crunch the market for lending contracted and the need for packagers reduced.

“However, the emergence and growth of new lenders in all sectors and their need to have access to new distribution and administrative support, means that the role of distributors like Complete is becoming more important and is once again demonstrating real added value to both the product provider and intermediary

“We have the knowledge and relationships we have gained over the last 20 years dealing directly with the lenders is invaluable. This is almost impossible for brokers wishing to go direct to replicate. Our ratio of application to completion is outstanding and like the intermediaries we support, we are only paid on results by the providers. A win-win situation for all parties concerned and no doubt a model which will without question grow in 2013 as we start to see providers looking to lend a little more without wanting to increase internal resource.”