Ortus Secured Finance reports record levels of enquiries and completions

By Bridging Loan Directory 17th August 2022

Residential and commercial bridging lender Ortus Secured Finance has seen enquiry levels increase by almost 25%, with conversion rates increasing by a similar percentage.

The principal lender, set up in 2013 with offices throughout the UK in London, Belfast, Manchester and Glasgow, said it has completed a record level number of loans totalling between £5m and £10m a week since April this year – the highest level since they were established.

According to the lender, they have mitigated the inevitable price increases by offering both fixed and variable options to brokers and so continue to remain confident in their competitive pricing for both residential and commercial lending.

Jon Salisbury, MD of Ortus comments:

“Since 2013 we’ve seen some tumultuous times both economically and politically, however, we are proud to have remained fair and reliable.

It would be naive to say that lenders don’t amend their appetite to reflect the environment, however, we’ve always done so in a controlled and transparent way – ensuring we deliver what we have promised.

It is pleasing to see the loyalty we have built over the years, reflected in the excellent current activity levels”.