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2016 mortgage completions top £66m

Richard Newton
Posted on by Richard Newton

During 2016 mortgage completions totalled £66.58m, up from £52.07m in 2015, an increase of almost 28%. Mortgage applications also increased, processing £92.94m worth of applications last year, up from £71.75m in 2015, an increase of almost 30%.

Richard Newton, Chief Executive, says: "A wide range of products and a sensible approach to lending have helped buoy mortgage completion and application figures. We've worked hard over the past 12 months to widen our mortgage range and we remain committed to individually assessing all applications, factors which have both contributed to these upbeat figures.

"I'm pleased that our mortgage business achieved such success last year and I'm confident these results will set the scene for 2017 and beyond."