This follows the reverse takeover of an existing AIM company, Enterprise North PLC.
Diamond Lifestyle, a specialist in the right to buy (RTB) market, is planning to expand its service in 2007, by offering intermediaries a RTB fulfilment service. Mortgage brokers will be able to pass RTB clients directly to Diamond, who will then deal with the client from enquiry to completion. Alternatively, intermediaries can make use of Diamond’s expertise and lender panel and Diamond can then package completed applications.
Commenting on the new listing, Alan Kempson, Chief Executive of Diamond Lifestyle said, “Diamond now has the capital base to grow its operation and bring greater value to more customers. We are also looking at other opportunities in the mortgage market. Diamond is already a leader in the provision of right to buy advice and we have ambitious plans to expand our operation into other niche markets. We believe that the non conforming market offers great opportunities going forward and the enlarged group is in a great position to benefit from that growth.”
