Office address: Challenge House, Sherwood Drive, Bletchey, Milton Keynes MK3 6DP
Website: www.quantummortgages.co.uk
Year established: 2022
Company type: financial services
Employees: 37
Expertise: buy to let mortgages, HMO mortgages, multi-unit freehold block mortgages, refurbishment buy-to-let mortgages, expats buy-to-let mortgages
Parent company: N/A
CEO and key people: Jason Neale (MD), Gautam Pandey (capital markets director), Manish Shah (NED), Harsha Dahyea (head of sales), Stuart Munro (head of compliance and risk), Caroline Williams (head of underwriting), Paul Ormonde (national account manager)
Financing status: venture capital-backed
Quantum Mortgages is a specialist buy-to-let lender based in Milton Keynes, specialising in BTL lending for experienced landlords with an underwriting approach. The company has quickly grown to manage assets exceeding £650 million. With a workforce of over 37 employees, the firm has partnered with numerous distribution channels, including 38 networks, 13 mortgage clubs, and 39 packager panels.
Quantum Mortgages was founded and soft-launched in 2022. By May, it was fully operational. In 2023, it saw record revenues and profits, significantly increasing applications and completions. That year, it also won significant awards and expanded to over 3 employees.
By 2024, the company appointed a new head of bridging finance and has added more companies to their panel. Quantum Mortgages also celebrated its second anniversary in March, with notable performance milestones.
Quantum Mortgages provides an array of offerings that are tailored to meet the customers’ needs. These include:
buy-to-let mortgages: tailored for landlords looking to purchase or remortgage rental properties
HMO mortgages: designed for properties rented out to multiple tenants
multi-unit freehold block mortgages: suitable for freehold blocks with multiple, separate units
refurbishment buy-to-let mortgages: for properties requiring refurbishment before being let out
expats buy-to-let mortgages: catering to expatriates investing in UK property
Quantum Mortgages values entrepreneurial spirit and common sense in lending decisions and employee relations. The company believes in caring for its employees, fostering a culture where looking after their team translates to excellent customer service. It promotes a supportive work environment to enhance productivity, providing a suite of employee benefits including:
Quantum Mortgages is committed to charity and community engagement, supporting organisations that aid children and address homelessness. Their efforts reflect a deep commitment to social responsibility and community well-being. The companies involve themselves in many charities, including:
Save The Children: supporting children's welfare globally
Shelter: assisting those facing housing challenges
The Bus Shelter Milton Keynes: providing support for the homeless
Jason Neale has been the Managing Director of Quantum Mortgages since 2022. Neale previously held directorial roles at Magellan Homeloans, PRIMIS Mortgage Network, and Infinity Mortgages, and senior positions at Axis Bank and Advantage Home Loans. With over 24 years of industry experience, he brings expertise in start-up ventures, ABS, bridge financing, and mortgages, among others.
Key people assisting Neale in leading the company include:
Gautam Pandey, a capital markets director, oversees capital market activities and strategies
Manish Shah, as non-executive director, provides strategic oversight and guidance
Harsha Dahyea, serving as head of sales, leads the sales team and drives revenue growth
Stuart Munro, as head of compliance & risk, manages compliance and risk frameworks
Caroline Williams, head of underwriting, ensures robust underwriting practices
Paul Ormonde, as national account manager - Kent, East Anglia, and North London, manages client relationships in his regions
Quantum Mortgages has recently expanded its product offerings and market presence by entering the bridging finance sector, led by the newly appointed head of bridging finance, Wes Friedel. They launched a range of bridging products, including investment and refurbishment loans, providing a seamless exit to their BTL term range.
Also, they welcomed L&C Mortgages to their distribution panel, strengthening their market reach. These initiatives are designed to enhance their service diversity and market competitiveness. By continuously innovating and expanding, Quantum Mortgages is well-positioned for sustainable growth and market leadership.
Strategic hires to enhance support for brokers in their assigned regions
It aims to become a sustained issuer in the capital markets
More brokers can source Quantum’s entire product range
Lender reports best month for new applications, offers, and loan completions
Lender aims to launch bridging product range by April
The offer, with a 4.99% rate, is available at up to 75% LTV
It also reduces rates on its green range
Its advisers gain access to the lender's range of products
Specialist lender experiences growth in various areas
It was the "night of nights" for the UK mortgage industry
