Crystal Specialist Finance issued terms on £401m worth of business from January to March, a 96% increase on the same period last year.

During the same three months completions rose by 153% across over 30 different lenders and the business extended its panel with The Right Mortgage network.

Deals included the completion of its first regulated bridging loan with Together – £400,000 to help a customer purchase a new residential property before their current property was sold – and a £2.49m HMO portfolio refinance in Oxford.

In addition, the total number of staff has grown from 18 to 29 in the 12 months to 31 March, including extra business development managers in the South East and Midlands to North West belt.

In February Crystal Specialist Finance reported that it had issued terms on over £1bn worth of business in 2015, a figure managing director Jo Breeden (pictured) expects to surpass this year.

He said: “The infrastructure we have put in place over the last 12 months is paying dividends – from our ever-growing lenders’ panel which naturally increases product availability, better industry presence across our five core divisions and key personnel and systems advancements across sales, marketing and IT.

“We will continue to grow at a fast, yet totally manageable rate so long as the customer and the betterment of service levels remain at the core of each and every decision. This will naturally increase new business applications and brand perception, and everyone associated with the business ultimately wins.”