This sales figure sees SPML well on target to reach a 12 month total of £1 billion of completions by the year end.
Commenting on the figure, John Prust, SPML’s sales and marketing director, said: “This magnificent achievement would not have been possible without the hard work and dedication of both the whole SPML workforce, and of our packager partners. There is no doubt that the non-conforming/ sub prime mortgage market is still expanding, as more and more borrowers who have been declined a loan at high street rates are coming to realise that there are many competitive mortgage products in the market designed with them in mind.”