Signature reaches £400m lending milestone

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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.”

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