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FMO continues expansion

Amanda Jarvis

May 26, 2006

These acquisitions have enabled FMO to re-locate Your Mortgage Options (YMO) FMO’s mortgage network to separate office premises which are linked to First House via a 100Mega Byte laser link for voice and data, and the second property which adjoins First house will provide accommodation for up to 100 additional staff when re-developed.

Alan Hill FMO’s Group Managing Director said “Over the past year we have experienced tremendous growth, but we have been restricted because of the lack of accommodation in First House. We gained planning permission for a 3000 sq ft extension over a year ago, but we had a problem with the adjoining property boundary. Having now purchased this property we have made a planning application to re-develop the site which should result in office accommodation in excess of 6000 sq ft, in addition to First House and YMO’s new offices 70 meters away. This means our roots are well and truly vested in Northwich where we are already considered a major employer of local personnel. We are hopeful that we can commence building before the end of this year and occupy the new extension by the third quarter of 2007. The purchase of the YMO office means we are currently recruiting an additional 20 staff across all divisions, from Underwriters to qualified Advisers, for both First Mortgage Options and Your Mortgage Options”.


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