Complex Buy To Let
Complete reports post-crunch record month
Guest Author:
Heather Greig-SmithComplete FS has reported its best month for new business since 2008, with over £50m in applications across the specialist sector.
The south coast-based packager and specialist distributor said March saw buy-to-let applications up by 14.2%, secured loans by 29.4% and bridging by 31.6% in comparison with Q1 2016.
Complete is also recruiting for mortgage underwriters and administrators.
“The March figures were particularly satisfying as this was the best month’s trading we have had since the credit crunch,” said director Tony Salentino (pictured).
“Complete FS has traded through three major recessionary cycles in its 25 years servicing the intermediary community. Our experience has shown that our long term success is not built on the product offering, however good that might be, but on the quality of the service we offer.”
He added: “We aim to ensure that we have the personnel who share our belief in serving our customers. Our expansion is controlled and in that way we can constantly strive to improve our service while bringing new people into the business when we need them.”
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Last month Complete re-hired previous employee Claire Budden as associate operations director.
It follows the news in January that founding member Damian Cain has rejoined the firm, taking a seat on the board and leading the development of the company’s second charge proposition.
In February, former broker Graham McCabe also joined Complete as business development manager for the South West.