Buy-to-let specialist grows loan book to £6.5bn

Ian Lonergan, chief executive of Charter Court Financial Services
Ian Lonergan, chief executive of Charter Court Financial Services
Buy-to-let mortgage specialist Charter Court has reported a record first quarter with new loan originations of £710m, up £42m, with strong performances across core buy to let, residential and short-term mortgages. The Wolverhampton-based business grew its loan book 17.9% year-on-year to £6.5bn from £5.5bn in the corresponding period last year, or 28.1% to £7.1bn excluding the impact of structured asset sales in the quarter. Customer deposits were up 29.7% year-on-year to £5.6bn, while residual interest in two securitisati... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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