Dragonfly Property Finance has announced that February was its largest month ever for Agreements in Principle (AIPs) since it launched in 2009; up 12% on the previous monthly high recorded in March 2014.

The lender has also recruited Christopher Scott as an internal business development manager (IBDM). He joins Dragonfly internally from within the Octopus group, where he worked for Octopus Investments as a client services specialist, managing client relationships for investors.

He is tasked with improving the service brokers receive from Dragonfly and support the sales team. A specific focus will be ensuring applications run smoothly and completions are achieved in the fastest possible timeframes.

Mark Posniak, managing director of Dragonfly Property Finance, said: “Our AIP levels are going through the roof right now. For whatever reason, whether equity market volatility or the opportunities provided by the housing shortage, demand for property finance has never been stronger.

“To keep pace with it, we continue to hire and Christopher is the latest addition to our fast growing team. At Dragonfly, service levels and standards are key and this is reflected in the importance we place on our internal BDM roles.”

Scott added: “Dragonfly is a dynamic, fast-paced lender and I’m looking forward to the challenge of getting stuck in and hopefully doing my bit to enhance the service it provides to brokers. There’s also plenty of room for career progression, which is always a huge motivating factor when starting out in a new job.”