North West-based packager, Advant-age Mortgage Services, is to expand into London and the South East.
Keith Dearling, director of Advantage, said: ‘January 2003 was our best-ever month for applications, offers and completions. We are now ahead of our target to double business this year. To achieve this plan we are recruiting business development managers to look after the growing numbers of Southern brokers who want to use our service.’
This expansion is on the back of a 25% growth in business for 2002. The packager claims to be writing £18m of sub-prime business a month.