Together’s intermediary sales team annual lending hits £1.4bn

By Bridging Loan Directory 7th August 2023

Specialist lender Together has announced annual lending of more than £1.4billion through its intermediary sales team channel.

The financial services group, which provides bridging loans and mortgages to individuals and businesses and has a group loan book of £6.2bn, completed 7,857 transactions across the 12-month period to June 30^th.

It is the second time in as many years that Together’s intermediary sales team has smashed the £1bn barrier for lending.

Tanya Elmaz, Director of Intermediary Sales at Together, said:

“This is an incredible achievement and highlights how high performing our sales team has been through what has been a tough cycle for the UK economy over the past couple of years.”

The sales team’s “fantastic results” are down to a keen focus on working closely with brokers, as well as partners such as solicitors and valuers, to provide the “best service possible” and the best outcomes for clients, said Tanya.

She said: ”Breaking the £1billion barrier again for the second year running shows the huge demand which exists from broker’s clients for specialist lending, in terms of both commercial and personal finance.”

Having previously headed up the commercial finance sales team in the south, Tanya was promoted to overall Intermediary Sales Director earlier this year, overseeing the merger of the personal and commercial finance teams.

She is supported by teams led by Michelle Walsh and James Briggs, who were both promoted to Head of Intermediary Sales.

Tanya said:

“Over the coming months, we will be targeting even more opportunities to grow our business under the new team structure.

This will include expanding our broker panel and focusing on new products, such as our regulated second charge bridge product, which offers more options for brokers to support customers looking for short-term finance.”

Last month, Together announced monthly lending of more than £106 million in short-term lending alone in June – the second time this year that the specialist lender had surpassed the £100 million mark – highlighting its strong support of the UK property market.