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Crystal Specialist Finance Continues sharp growth trajectory into 2016

Thursday 28 Apr 2016

Crystal Specialist Finance’s growth trajectory shows no signs of abating with the company issuing terms on £401m worth of business from January to March, a huge 96% increase on the same period last year.

During the same three months completions rose by 153% across over 30 different lenders and the business extended its strategically important panel partnership agreement with leading network, The Right Mortgage.

Deal highlights include the completion of its first regulated bridging loan with Together – £400k to help a customer purchase a new residential property before their current property was sold – and a £2.49m HMO portfolio refinance in Oxford.

In addition the total number of staff has grown from 18 to 29 in the 12 months to March 31st, including extra Business Development Managers in the important South East region and ever-growing Midlands to North West belt.

In February Crystal Specialist Finance reported a ‘a major milestone’ with issued terms on over £1bn worth of business in 2015, a figure Managing Director Jo Breeden readily expects to surpass this year.

He said: “The infrastructure we have put in place over the last 12 months is paying dividends – from our ever-growing lenders’ panel which naturally increases product availability, better industry presence across our five core divisions and key personnel and systems advancements across sales, marketing and IT.

“We will continue to grow at a fast, yet totally manageable rate so long as the customer and the betterment of service levels remain at the core of each and every decision. This will naturally increase new business applications and brand perception, and everyone associated with the business ultimately wins.”

Crystal Specialist Finance rebranded in April 2015 to highlight five specialist core divisions: Bridging, Commercial, Development Funding, Second Charge Loans and Specialist Mortgages. Operating across England, Scotland and Wales, the company has access to over 70 lenders, including exclusive lines.

The Right Mortgage extends panel partnership agreement with Crystal Specialist Finance

Friday 15 Apr 2016

The Right Mortgage (TRM) has extended its panel partnership agreement with Crystal Specialist Finance (CSF), with the companies aiming to further raise standards in the network market by focusing on quality over quantity.

The relationship, which commenced in February 2014, has seen the specialist distributor offer TRM’s members access to over 70 lenders’ products in the commercial mortgage and bridging loan sectors, as well as assistance with development finance, specialist buy-to-let and secured loans applications.

In addition, the companies will continue to build the number of TRM members, as well as identify potential niches and exclusive opportunities to grow products and services.

TRM was founded by former Personal Touch Financial Services’ Chairman, Martin Wilson alongside joint managing director, Adam Stretton. It aims to have 400 advisors by the end of 2016 comprising mortgage, protection and general insurance advisors.

Wilson said: “Since day one the relationship with CSF has been good, they have proven an asset to our business and our members who regularly praise their service.

“The aim of the business has always been focused on the quality of our members above the quantity, and to attract the best we have to work with the very best partners. The challenge is to continue raising standards still further so the complete offering creates the best network in the UK, and CSF are core to this vision.”

Jo Breeden, managing director of CSF, added: “We thoroughly enjoy working with TRM as their approach to compliance and service very much mirrors our own high ethics. We will continue to grow and expand our partnership on solid foundations which will benefit everyone, most importantly the members and their clients.”

Crystal Specialist Finance rebranded in April 2015 to highlight five specialist core divisions: Bridging, Commercial, Development Funding, Second Charge Loans and Specialist Mortgages. Operating across England, Scotland and Wales, the company has access to over 70 lenders, including exclusive lines.