YBS Commercial hits half a billion in completions

YBS Commercial Mortgages has reached the £500 million mark in mortgage completions this year.

This represents an increase in gross lending for the commercial lender - which relaunched as YBS Commercial Mortgages in 2019 - of nearly 50% compared to the previous year, thanks to application volumes rising by 150%.

YBS introduced a variety of propositional and pipeline efficiency improvements this year, including the launch of a portal to allow brokers better control and visibility around the applications they’ve submitted alongside service enhancements, including strengthening regional teams to make them available wherever brokers need them.

Tom Simpson, managing director of YBS Commercial Mortgages, said: “This is a fantastic achievement and I thank every single member of the team for the part they have played in it.

“This year we’ve really demonstrated our long-term commitment to the commercial market through the actions we’ve taken, and it’s really paid off.

“Our strategy focusses on being the preferred lender for mid-tier property investors. We are fulfilling this through exceptional service and reliability – delivering on promises to our brokers. Feedback from our broker panel indicates that, in today’s uncertain market, this positioning is both unique and highly valued by them and their clients.”