Record first quarter for Dragonfly

Published on

Dragonfly Property Finance

Dragonfly Property Finance has said the first three months of the year represented its largest ever quarter, since launching in 2009.

Over the period, the short-term lender said it completed on 119 loans with a total value of £77 million.

Dragonfly also saw 39 loans redeem, with a total value of £37 million.

“To lend £77 million in just one quarter is a huge achievement and I would like to thank all our introducers who keep supporting us, and without whom these numbers would be impossible,” said Jonathan Samuels, CEO, Dragonfly Property Finance.

“I would also like to congratulate the Dragonfly team, who have been working flat out for three months.

“We now have our sights set on lending £100 million in a quarter, which, given the strength of demand for our product range, is a very realistic target.”

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

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...

DPMSG launches consumer guide to Smart Property Data

The Digital Property Market Steering Group has launched a consumer-focused video explaining how Smart...

Together joins Equity Release Council as later life market broadens

Together has become a member of the Equity Release Council as the specialist lender...

Cambridge BS funding supports expansion of domestic abuse charity

The Angels Foundation UK has opened a wellbeing centre in Cambridgeshire after receiving the...

Latest publication

Other news

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...

DPMSG launches consumer guide to Smart Property Data

The Digital Property Market Steering Group has launched a consumer-focused video explaining how Smart...