Signature Property Finance hits £81.8m of originations in 2023

This is a 47% increase on the previous year, which was the lender’s best year to date.

Tom Howells, COO at Signature, said: “We began the year strongly, but there was little indication early on, that we could sustain the pace we had set ourselves to achieve the self-imposed target of £60m for the year.

“It is gratifying when a strategy based on supporting brokers and their clients with a high-quality service, based on building strong personal relationships, certainty of funding and an efficient deal process, delivers more than expected.

“We believe the £60m target we set ourselves for the year was a challenging one, so to end the year on £81.8m was immensely satisfying for the firm.”

Signature CEO, Tony Gilbertson, added: “Changes to the way we work and improvements in our service that reflect the changing needs of brokers and their clients, like reducing the time taken from indicative terms to drawdown, is winning us a lot of new admirers, but it’s the deals we need if 2024 is to maintain our upward trajectory.

“Our success is based upon the quality of the service we deliver, rather than price.

“And while this is a difficult point of difference to prove to clients before they engage with Signature, it quickly becomes apparent to them when our in-house legal team are pushing their deal forwards. 

“We have always been a hands-on lender and we believe our success is due in part to our willingness to make site visits to help us understand a developer’s vision.

“It’s the best way to appreciate a development in detail, whilst demonstrating our commitment to getting deals done.”