Swift doubles volumes

Second mortgage lending has shown strong growth and first mortgage lending has continued to increase since Swift launched a discounted first mortgage last year, now accounting for around 40 per cent of new business.

Service levels have been maintained due to Swift’s focus on having enough of the right calibre people to cater for the needs of intermediaries and their clients. Swift has recruited 25 per cent more staff since April this year and now employs over 100 staff.

John Webster, chief executive officer at Swift remarked: “A 100 per cent increase in business marks the end of an outstanding first half year at Swift. We put a strong focus on people contact and on consistently high service standards. Our intermediary partners have rewarded both the high standards and our flexible product range in both first and second mortgages, by placing record levels of business with us.

“On behalf of the Swift team, I would like to thank them for all their support and we look forward to offering continued high standards for the rest of the year and beyond.”