2006 ‘year for big guns’, says RAMP
RAMP has reported it is looking forward with confidence to 2006, having revealed its December 2005 completion figures, which were up 43 per cent over the same period in 2004. Its total increase in completed business for the whole of 2005 was up 29 per cent on 2004.
John Rice, managing director of RAMP, believed 2006 will reap even greater rewards. He said: “While most people will agree that 2005 finished better than it started and will not be unhappy to see the back of it, I think it has been a pivotal year for the industry. RAMP members, having joined together ahead of regulation, have been able to weather the uncertainty and adapt to changes better as a group and through their individual hard work. The pooling of resources in the compliance and lender areas allows RAMP’s members to look forward and exploit the growing opportunities to generate business in 2006.”
Michael Clapper, chief executive of Enterprise Group, said: “As a board member of RAMP we are very pleased to have played a part in the enormous progress it has made. I have been pleasantly surprised by the strength of the excellent relationships that have formed between RAMP members; a factor which I believe has been the main driver behind its success. All members are in very good shape to make the most of opportunities this year and at Enterprise we are looking forward to a very exciting 2006.”
Peter Brodnicki, chief executive of Mortgage Advice Bureau (MAB), also said it was extremely upbeat about the year ahead after arranging a record £2 billion in lending over the course of 2005. He said: “The approach we take and results we achieve will enable MAB to attract more quality business in 2006 with 35 per cent growth a realistic target.”