Vantage sees £10m completed with Shawbrook in February
Vantage Finance has announced today that in a single month, it has written £10 million of loans with Shawbrook Bank's Commercial Mortgages division.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
The volume in February was driven by 'a large number of quality cases', according to Vantage.
The master broker is one of Shawbrook Bank’s ‘strategic partners’, recognised for the level of conversion rates achieved on initial submissions and ultimate conversion to successful loan completion.
Lucy Hodge, Director of Vantage Finance, said:
"We focus on providing a service that combines efficiency, thoroughness, and an in-depth knowledge of our lenders and their criteria. This approach allows us to consistently achieve high conversion rates with quality business, and is the central driver behind the volumes completed by Vantage month after month.
“We have formed a strong partnership with Shawbrook and our team has worked hard with the Bank’s Commercial Mortgages division to achieve these excellent results in only the second month of the year. Achieving both quality and volume is testament to our relationship with Shawbrook, and we plan to build on this success and continue our growth trajectory in the months to come.”
Karen Bennett, Sales and Marketing Director, Commercial Mortgages, Shawbrook Bank, said:
“We are delighted to see the team at Vantage experiencing a level of success that is truly well deserved. As one of our larger ‘Strategic Partner’ brokers, Vantage has established a long-standing relationship with Shawbrook, with a deep understanding of our requirements and a close working relationship across our specialist teams.
“Such a strong number over multiple cases in February is an indication of the efficiency Vantage has managed to implement across the business, and their conversion rates are amongst the highest we see. The combination of these factors brings what we believe to be a market-leading proposition to both clients and introducers, and we look forward to working with Lucy and her team throughout 2015 to build on this impressive start.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
FCA
FCA sets out timeline for mortgage rule changes
Santander
Santander joins mortgage price war with new rates from 3.51%
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
FCA
FCA sets out timeline for mortgage rule changes
Santander
Santander joins mortgage price war with new rates from 3.51%
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
Nationwide
FCA fines Nationwide £44m for inadequate financial crime controls
FCA
FCA announces new measures to support growth of mutuals sector