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Crystal Specialist Finance achieves half-a-billion issues terms in one quarter

Monday 18 Jul 2016

Crystal Specialist Finance (CSF) issued terms on £509.7m worth of business from April to June, the first time the company has surpassed the half-a-billion figure in just one quarter.

In the same period new business applications were up 127% with completions rising by 52% across 27 different lenders, including both High Street and Challenger banks.

Deals highlights include a £2.6m re-bridge, a £1.6m Limited Company buy-to-let portfolio purchase, an £800,000 residential development loan, a one-day completion at the NACFB Commercial Finance Expo show in June and a £120,000 second-charge bridging loan sourced the day after the EU Referendum.

The remarkable quarter is 90% up on the £268.5m issued in the same period last year and means the business has issued terms on £910.7m in the first six months of 2016, a massive 48% increase on the first six months of 2015.

Jo Breeden, Managing Director of CSF said: “At the turn of the year I challenged the team to beat 2015’s record of £1 billion, and to be touching on this figure after only six months is testament to every aspect of our business and our growing relationship with brokers nationwide.

“As we have constantly proven our ability to secure excellent products across all manner of deals – including declined cases, expats and specialist, as well as securing the best options on standard applications – our reputation has grown and more brokers than ever are sending in their cases.

“Moving forward we continue to invest in staff, which includes the recent appointment of Dan Morris as Key Account Manager, we have launched a new online broker portal and announced the latest series of national workshops. The landscape may have changed, but we will continue to thrive through excellence.”

Crystal Specialist Finance appoints Key Account Manager for Broker Market

Tuesday 12 Jul 2016

Crystal Specialist Finance (CSF) has reaffirmed its commitment to brokers with the appointment of Dan Morris as Key Account Manager, and has announced new dates for its successful workshop events.

With a national remit, Dan’s role will focus solely on building relationships with brokers, using his experience and contacts to drive new enquiries, increase repeat business, educate the market on the latest lender panel products and offer individual analysis of market trends.

He joins from HSBC where he held the position of Mortgage and Protection Manager, prior to which he was Senior Personal Banker.

CSF has also confirmed the dates of its latest broker workshops: Manchester, Thursday 6th October with Together; Newcastle, Thursday 27th October with Pepper Homeloans; Leeds, Tuesday 8th November with Precise Mortgages and Glasgow, Thursday 17th November 2016 also with Precise Mortgages.

Jo Breeden, CSF Managing Director said: “Brokers are the crux of our business, and it is imperative that we have the people, products and systems in place to ensure we can complete as much commercial business as quickly and seamlessly as possible on their behalf.

“I repeat that our ability to review and progress every single application by a team of experienced finance professionals remains a core principle of our service. Add to this mix a dedicated, hugely experienced Key Account Manager in Dan and our service offering improves further still.”

To register your interest for any of the above workshops later in the year, please email your name, contact details and preferred workshop date to Laura Payne, Marketing Manager at marketing@crystalmortgages.com