Compared to the equivalent period in 2006 they have seen a year on year growth in the first quarter of over 40 per cent in completed mortgage applications and a 52 per cent increase in lending.
These figures come alongside a 30 per cent increase in the number of appointed representatives compared to the same period in 2006.
Barry Meeks, managing director Pink Home Loans, comments: “There has been plenty of press comment about the financial strength of many distribution networks within our industry, which has led to some of our competitors to speculate about who will be able to provide a high quality service. These figures show how financially strong the Pink network is and we aim to build on these figures to show the sort of growth that generate better income, producing opportunities for our customers, whilst continue to provide the five star service that has become synonymous with Pink.”
