Property financier soars to new heights in 2023
A West Midlands finance broker has reported a record year as the firm completed £81.8m of lending in 2023, a 47% increase over the previous year.
houseSignature Property Finance provides short-term property finance to property developers, landlords, limited companies and investors.
Under the guidance of Tom Howells, the firm’s chief operating officer, Signature has recruited new relationship managers to develop partnerships between finance and mortgage brokers.
Howells said: “We believe the £60M target we set ourselves for the year was a challenging one, so to end the year on £81.8M was immensely satisfying for the firm as a whole. It was also personally satisfying for every member of the team, who all played a part in us surpassing our 2023 target. We recognise that this was a stellar performance and one we are unlikely to repeat. But we expect that as more brokers recognise our commitment to doing what we say we’re going to do and following through on promises made at the outset, they will bring more business our way.”
Signature CEO Tony Gilbertson said: “Our success is based upon the quality of the service we deliver, rather than price. And whilst this is a difficult point of difference to prove to clients before they engage with Signature, it quickly becomes apparent to them when our in-house legal team are pushing their deal forward. We have always been a hands-on lender and we believe our success is due in part to our willingness to make site visits to help us understand a developer’s vision. It’s the best way to appreciate a detailed development, whilst demonstrating our commitment to getting deals done.
“To help brokers and developers unlock the potential in property we are speeding up and simplifying our processes to reduce the challenges they face to fund their projects, whether it’s a £50k refurbishment or a £3m ground-up development. It’s our commitment to lend across the UK, with local experience on hand for support, that will ensure Signature continues to grow and succeed.”
