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(PRWeb) January 10, 2007 -- First Mortgage, the UK's specialists in
sourcing mortgages, remortgages and payment protection plans, have just
announced a 29 per cent increase on the first six months turnover
between 2005 and 2006.
Out of the 29 per cent rise, around 14 per cent is attributable to an
increase in both the volume and absolute value of the company9;s
mortgage procurement fees. The remaining 15 per cent resulted from
corresponding sales of ancillary protection products, accident and term
life insurance and non core service provisions to other parties.
First Mortgage specialises in providing mortgages ( ), remortgages (
) and mortgage protection plans, regardless of a customer's financial
background. By offering many different mortgage types, First Mortgage
have established themselves as one of the leading providers of mortgage
products by offering appropriate help to even those consumers with bad
credit histories.
The success of First Mortgage can also be seen in its recently launched
website, which aims to provide users with a range of information on
First Mortgage's products and services in order to guide users towards
the best possible mortgage for their unique needs. So, whether a
customer is looking for a selection of mortgage types () or mortgage protection (),
First Mortgage is able to offer appropriate help to all consumers.
Additionally, First Mortgage carry out business dealings with a chosen
panel of surveyors and solicitors, in order to provide them with
mortgage services and administration tracking.
Commenting on the increase in turnover, Don Neil, First Mortgage
Financial Controller, stated: "First Mortgage is looking forward to
2007 with some optimism and is now beginning to enjoy the benefits of
heavy investment and upgrade of our web based business, coupled with
the launch of our Fresh Start Finance project aimed specifically at
individuals with adverse credit issues"
>From a general perspective the level of growth is forecasted to decline
in the second half the year. However, this will be partly due to
seasonal fluctuation and is not indicative of any decline in the
underlying buoyancy of the Scottish market.
About Us:
First Mortgage ()
is a trading name of First Mortgage Direct Limited which is directly
authorised and regulated by The Financial Services Authority. First
Mortgage specialise in mortgages, remortgages and mortgage-related
protection, by searching the whole of the UK market for the lowest APR,
regardless of any existing bad credit, poor credit ratings, defaults,
or even bankruptcy. The First Mortgage services are available online,
via telephone and in person at various locations throughout the UK.
First Mortgage is a free UK mortgage search resource which endeavours
to source the best mortgage, remortgage and mortgage protection deals
from over 150 UK lenders. Mortgage services range from providing basic
home-buying information for first-time buyers to full mortgage quotes
and loan applications for established property owners.
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