Record month for Gateway Surveyors

Published on

Gateway Surveyors experienced its busiest month for valuations in its 10-year history last month.

Volumes increased by 20% on February 2015 and by more than 10% on March 2014.

The firm was acquired by the SimplyBiz Group in December 2014

Marcus Radcliffe, chief executive of Gateway Surveyors, said: “We have experienced strong volumes from our Building Society Panel Management clients, coupled with new business driven as a direct result of our new ownership. Buy-to-let remains strong, but we have also seen an improvement in first time buyers and look forward to further growth in these key areas.

“The quality of our reporting, coupled with the efficient turnaround delivered by our in-house Surveyors, Sonas, and our Gateway Panel, continues to position us favourably in the market. We will continue to invest in more surveyors to ensure capacity is available for our clients.”

Martin Reynolds, CEO of SimplyBiz Mortgages, added: “Since Gateway joined the SimplyBiz Group, we have seen renewed interest from lenders across all product sectors. March’s figures are very encouraging and show a market that is still very buoyant.

“We believe that, whilst still challenging in certain areas, the spread of valuation work undertaken shows the competition and desire for business from lenders is strong.”

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

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...