Signature reaches £400m lending milestone

Published on

Signature Property Finance has provided £400 million in short-term property loans since its first deal in January 2014.

The Cardiff-headquartered firm took five years to reach the £100m target and three more years to hit £200m, with £300m being achieved 18 months later. This next £100m was achieved in 12 months.

Michael Clifford (pictured), Signature’s commercial director, said: “Reaching these important milestones, at increasing pace demonstrates the growing awareness of our brand, our products and the service we offer our clients and brokers, which is the cornerstone of our proposition.

“These numbers have been achieved through a great team effort, with our Relationship Managers across England, Scotland and Wales all making a full contribution to this performance. It is even more gratifying given the challenging market conditions of recent years.

“I’m confident we can deliver even more, given the important recent additions to our team of Relationship Managers as well as some exciting plans which will be announced in the coming months, improving our current product range and allowing us to better support our borrowers and introducers.

“No one at Signature is under any illusion that the job is done. We have more to offer and we recognise there are regions in which we need to grow support amongst developers, investors and importantly, finance brokers who appreciate our open and transparent approach.

“The delivery of this milestone, stands testament to the important decisions that have shaped our service, such as bringing legals in-house, focussing on relationship building and ensuring we follow through on our promises.

“Now is a good time to thank all those that have sought Signature’s support for their projects and to hope that as awareness of our proposition grows, we can continue to accelerate the delivery of these milestones as we execute on our plans.”

Latest POLL

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

Spring surge in property listings creates market opportunities

The average asking price for newly listed properties has risen by 1.1% (+£3,876) this...

Secure Trust Bank Commercial Finance appoints senior portfolio director

Secure Trust Bank Commercial Finance (STB CF) has announced the appointment of Carl Pykett...

Inflation expectations rise slightly as BoE releases latest survey

Public expectations for inflation and interest rates have edged higher, according to the Bank...

£1 billion lost annually as 50,000 London social homes used fraudulently

A shocking new report reveals that around 50,000 social housing properties in London are...

Other news

Spring surge in property listings creates market opportunities

The average asking price for newly listed properties has risen by 1.1% (+£3,876) this...

Secure Trust Bank Commercial Finance appoints senior portfolio director

Secure Trust Bank Commercial Finance (STB CF) has announced the appointment of Carl Pykett...

Inflation expectations rise slightly as BoE releases latest survey

Public expectations for inflation and interest rates have edged higher, according to the Bank...