Business boost for Complete FS
Complete has seen an increase in enquiries across all business areas particularly in specialist buy-to-let mortgages, bridging and secured loans.
Director Tony Salentino attributed part of the success to the role Complete plays between product providers and intermediaries.
He said: “The market is definitely cyclical. Since the credit crunch the market for lending contracted and the need for packagers reduced.
“However the emergence and growth of new lenders in all sectors and their need to have access to new distribution and administrative support means that the role of distributors like Complete is becoming more important and is once again demonstrating real added value to both the product provider and intermediary.”
Salentino said Complete’s knowledge gained over the last 20 years had proved to be invaluable and was impossible for brokers, wishing to go direct, to replicate.
He added: “Our ratio of application to completion is outstanding and like the intermediaries we support we are only paid on results by the providers.”