John Rice, managing director of RAMP, expressed his delight that RAMP members have consistently bucked the market trend, highlighted by the latest Council of Mortgage Lenders figures which showed a general market decline in lending of 13 per cent for the same July period.
He said: “Apart from their undoubted individual business skills, RAMP’s members have benefited from being part of a group which allows us to pool our considerable resources to provide better products and Services.
However, it has been just as important in the way so many different skills and talents have been brought to the table. RAMP’s progress has demonstrated that competitors in the same market can derive huge individual benefit from being part of a dynamic group.”
“Taking everything into account, with a year-on-year increase running at 18 per cent, RAMP members are showing that it is possible to thrive in a difficult trading environment,” added Rice.
Keith Dearling, director at Advantage Home Loans, said: “We have seen the same sort of increase in business as RAMP. Last year’s figures were compounded because of a number of factors including seasonal and regulatory changes as well as the interest rate rises in the Spring.
“The European Football Championship also meant that the market was quite flat last year but now that regulation has bedded in we are seeing a definite picking up of business.”
