04/02/2009 - SimplyBiz Mortgages record a very impressive 2008
SimplyBiz have announced that its mortgage club significantly out performed the market during 2008, very much bucking the trend, despite the exceptionally difficult market conditions experienced throughout the year.
Mortgage applications through SimplyBiz Mortgages were up 4% by value on the previous year with the value of completions up 3.5%. By comparison the UK mortgage market was down around 30%.
Originally a 50/50 venture, SimplyBiz Mortgages was established in 2005 but has recently been fully acquired by the SimplyBiz Group.
Emma Hollingworth, Director of Sales, SimplyBiz Mortgages said:
“Everyone knows how difficult the mortgage market is currently but at SimplyBiz we continue to buck the trend with our member firms able to offer advice in all financial areas, rather than just transacting mortgages. We feel this holistic approach allows them to satisfy their clients’ needs and adapt to difficult times. Add to that leading procuration rates together with an overall service that meets the needs of our advisers and we have a winning formula.”
Philip Holroyd, Managing Director, SimplyBiz Mortgages commented:
SimplyBiz Mortgages has continued to buck the market trend over the course of 2008, a phenomenal success story given the difficult mortgage market conditions. Now that the Mortgage Club is fully integrated into the SimplyBiz Group we will be working hard to ensure this success continues throughout 2009.”
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