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HL Partnership completes ‘best month’ with £520m in mortgage lending

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  • 19/08/2019
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HL Partnership completes ‘best month’ with £520m in mortgage lending
HL Partnership (HLP) members completed £520m in mortgage business in July – a record month for mortgage lending in the network and an increase of 13 per cent over the same period in 2018.

 

In July 2018, members wrote £460m. 

This year’s effort was mainly residential and although the number of advisers has increased, HLP attributed the performance to “better market conditions” and an uptick in business. 

The network now has 619 advisers in 338 firms and according to managing director, Shaun Almond (pictured), is enjoying a sustained period of growth, both in business volumes and membership. 

He said: “We are definitely witnessing a return of confidence and while the final moves on Brexit are yet to be seen, the mortgage market has not frozen up and it is good to see that our members are still finding conditions conducive to helping customers to finance or refinance property. 

“Our proposition is continuing to evolve and we are seeing a consistent uptick in interest from mortgage and protection brokers. 

 

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