The finance provider confirmed £105m in new lending completions last month, with a total of 697 loans across its range of products, which includes first and second charge mortgages, short-term finance, auction finance and commercial loans.
Together chief executive, Marc Goldberg (pictured), said the demand followed a strong year in 2015 for the lender.
“Demand for bridging finance remained robust in this quarter, following an increase of nearly 65% in 2015, and our auction division saw a number of transactions in March.
“This is testament to the speed of our service, which is essential in auction purchases where the tight deadlines may be difficult for a mainstream lender to meet.”
He said the Mortgage Credit Directive was implemented with a smooth transition to the new processes, as the firm worked closely with broker partners, and that buy-to-let lending was strong, fueled in part by the stamp duty hike on 1 April.
The business increased its Charles Street securitisation programme to £1bn, with further investment from several major banks, enabling it to meet demand.
In March, Together received full authorisation from the FCA for its second charge mortgage business.