more 2 life hits £2 billion lending milestone

The firm says it now expects to receive around £1bn in new loan applications this year, due to a "buoyant market, product innovation and technological advancements".

Dave Harris, CEO at more 2 life, commented: “Having reached the £1 billion mark last year we set our targets high for 2018. To have £2 billion worth of loans under management, just over 12 months after reaching the £1 billion is a phenomenal achievement even in the current growing market and has been achieved through a combination of new lending plus the acquisition of back-books we are now servicing on behalf of third parties.

“We are committed to innovation and will continue to develop new products and offer access to enhanced technologies to provide a high quality level of products and support advisers. With this in mind we have recently launched Capital Choice Drawdown, which adds additional features to our popular Capital Choice plan and refreshed our adviser portal aptly called ‘fastpath’ to further assist advisers and widen the product choice for clients.”