Signature Property Finance

Signature reveals best annual performance for 2021

Signature Property Finance has lent over £44m to property developers and landlords in 2021, its best annual results to date.

This is a 20% increase compared to 2020 figures, the firm’s previous best year.

Of the total sum lent, over 20% originated from Signature’s Edinburgh office.

While the overall lending figure was up, there was a small drop in the number of deals completed, revealing an increase in the average value of the deals done. 

According to the lender, this change was driven largely by a rise in the value of new-build projects supported in 2021.

Tony Gilbertson, CEO at Signature Property Finance (pictured above), said: “The headline number of £44m may not seem that high by some, but for a business our size, it represents another solid year from a lender committed to delivering on its promises and providing a high-quality personal service that instils confidence that deadlines will be met.

“The figures are a satisfying endorsement of our approach in 2021, when we concentrated on supporting our existing clients, brokers and developers, to ensure their deals were completed on time and on the terms agreed at the outset.

“Bringing our legal work in-house has also helped us deliver good figures in a tough year, with our legal director Tom Howells ensuring deals are structured in the most effective and efficient way from the outset — this helps quickly identify which deals can be done and limits complications too.

“Our business succeeds because we work hard to provide brokers with the certainty of funding they and their clients need, in what remain challenging trading conditions.”

“Our strategy for the coming year, is more of the same, but with changes to our business, our approach and our coverage. 

“While we expect 2022 to be exciting and challenging in equal measure, here at Signature, we’re all about our clients and that counts for a lot.”

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