Pictured: Roger Dewsbery, senior underwriter at Crystal
Mortgages
Crystal Mortgages is continuing to trade at record levels with
third quarter figures showing loan applications up 13 percent and
fundings up 10 percent compared to the same period last year.
The company received £70m in new business applications,
with £64m of terms issued from July 1 to September 30,
2011.
For the first six months of the year the business issued terms
on over £69m and £62m worth of business in quarters one
and two respectively, with completions up substantially in both
periods.
Roger Dewsbery, senior underwriter at Crystal Mortgages, said:
"The Purchase Managers Index is above 50 at 51.1, which shows that
the acquisition of goods and services is growing in both the
industry and construction sectors.
"Our growth forecasts for the remainder of 2011 are in-keeping
with our record year-to-date, and through innovative new products
and the personal touch so bereft from High Street banks, we remain
wholly confident that these can be achieved and even
surpassed."