Project & Co reports record growth in Q3 as market optimism drives demand

By Bridging Loan Directory 25th September 2024

Project & Co, one of the fastest-growing valuation firms in the industry, has surpassed growth expectations with a record-breaking Q3, despite the traditionally slow summer period.

Co-founder Colin Horton attributes this success to increased market confidence and a surge in transactions aimed at avoiding potential Capital Gains Tax increases in the upcoming autumn budget.

He highlighted that stronger communication between lenders and valuers has also played a significant role in boosting the number of instructions.

“Q3 has been remarkable for us, with a 42% income increase from Q2 in our secured lending division,” said Horton.

“This success is a testament to our exceptional valuers, dedicated administrative team, and our investment in technology such as Valos.”

Looking ahead, Horton acknowledged the potential impact of the autumn budget on Q4 performance but remains optimistic about sustained growth and overall market values going into the new year.