Signature Property Finance: £56M and Growing Fast!
It has only taken Signature Property Finance, one of the UK’s leading short-term property finance providers, to the end of August to reach an origination total of £56M and surpass its lending figure for the whole of 2022, which was already the firm’s record year.
Growth throughout the year followed a record Q1 figure of £26.6M and a new funding line agreed with Hampshire Trust Bank in May, as the Cardiff-based principal lender, maintained support for its growing broker and property developer client base
Co-founder & CEO, Tony Gilbertson commented:
“I know percentage growth figures rather than actual numbers are usually quoted as it doesn’t compare with what the big boys originate, but I’m proud to quote that our origination of £56M for the 8 months to August 2023 surpasses the total achieved for the whole of 2022, which itself was a record year.
And our current loan book of £88M is getting ever closer to our next self-imposed milestone of £100M.
Our lending success has been achieved not off the back of chasing the lowest rates but building relationships with our trusted introducers and direct clients – which I’d like to thank for their business – and sticking to our philosophy of ‘Signature doing what it says it’s going to do’.”
Signature is taking its unique approach to supporting clients out on the road, with the latest in its series of ‘Lending listen and lunch’ events featuring the firm’s brand ambassador Scott Quinnell, taking place at The Ivy, Spinningfields, Manchester on 27th September.
Thomas Howells, Chief Operating Officer at Signature Property Finance, explains:
“Although we have achieved a lot in the first 8 months, we are not complacent and recognise we have to push on and do more for brokers and property developers.
Build strong relationships with our clients is central to the way we work and this focus on doing what we say we will do has delivered the results beyond our expectations.
But the market remains buoyant, there is an appetite for funding and we are ready to support appropriate projects.
Our lunches are a good way for brokers to meet us, hear a few of our existing clients explain the different way we work and enjoy a good lunch at our expense, in intimate surroundings that reflect our desire to build the strong relationships that will ensure we deliver more record performances.”