‘Record figures’ for First Complete and Pink

Published on

First Complete and Pink have reported that their mortgage, protection and general insurance sales reached record highs in March 2017.

The networks, which are both part of LSL Property Services, together submitted a total of 7151 mortgage applications, an increase of more than 800 applications on their previous most successful month, whilst mortgage lending reached £1.31 billion in March.

In addition, almost 120 individuals from both networks secured over £3 million worth of lending each in March,a 21% increase on the previous highest number of sellers.

First Complete and Pink also had a record month when selling protection. Appointed Representatives in each network submitted 8548 protection applications, 17% more than their previous best. The protection API also increased in March, reaching an all-time high of £3.22 million.

General insurance business also grew in March, with total sales reaching a monthly record of £387,857, as the number of GI cases reached 1240.

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.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Only a quarter of brokers feel ‘very comfortable’ explaining valuations, poll finds

A live poll conducted during a recent Countrywide Surveying Services (CSS) webinar has revealed...

Gen H lowers New Build Boost rate to 5.95%

Gen H has announced a rate reduction on its New Build Boost mortgage product,...

OSB Group unveils new BTL lender and moves to retire Kent Reliance brand

OSB Group has announced the launch of Rely, a new specialist buy-to-let lending brand. Rely...

Norton Home Loans appoints head of lending

Norton Home Loans has promoted Laura Percival to head of lending, as the lender...

Stamp Duty costs “eye-watering”, says the Coventry

Stamp Duty receipts have surged by 25% so far this year, with homebuyers paying...

Latest opinions

FCA’s mortgage rule changes: it’s time to raise the advice bar, not drop it

The FCA’s move to relax some of the rules around mortgage switching and term...

Tom Bill: Unintended consequences

Former Prime Minister William Pitt the Younger introduced a brick tax in 1784 to...

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

Mortgage advice in jeopardy as FCA reopens the door to execution-only

Execution only and FCA’s consultation has been playing on my mind. Having navigated decades...

Other news

Only a quarter of brokers feel ‘very comfortable’ explaining valuations, poll finds

A live poll conducted during a recent Countrywide Surveying Services (CSS) webinar has revealed...

Gen H lowers New Build Boost rate to 5.95%

Gen H has announced a rate reduction on its New Build Boost mortgage product,...

OSB Group unveils new BTL lender and moves to retire Kent Reliance brand

OSB Group has announced the launch of Rely, a new specialist buy-to-let lending brand. Rely...