portway finance

New brokerage Portway Finance enters market with £50m goal

Ex-Watts Commercial Finance directors Callum Taylor (pictured above) and Steven Boyde have launched a new bespoke brokerage.

Portway Finance offers advisory services for unregulated bridging, specialist BTL, commercial mortgages and development finance of all sizes, with its typical loan range expected to be between £1m-5m.

The advisory will be headed by the two founders, who have together over 20 years of experience in the specialist finance industry, having worked in senior roles for various companies throughout their careers, including Enness.

“Our experience has taught us that different brokerages serve different areas of the market very well and, despite the large number of firms, we believe there is space to serve them all in the right way,” said Callum.

“The ever-growing property market allows us this opportunity and always needs a fresh face or two — at the end of the day, competition is good for everyone.”

Callum stated that the brokerage will prioritise quality over quantity, choosing to primarily focus on offering tailored advice and building sustainable relationships with clients, introducers and lenders.

This year, Portway Finance aims to arrange approximately £50m worth of deals and bring additional advisers on board to expand its existing four-person team. 

In addition, it is set to enter the regulated lending space by teaming up with an authorised partner in the following months.

In the future, the brokerage plans to integrate technology to streamline the end-to-end process for customers. 

“It has taken a lot of hard work to get to this point, but we are proud of what we have achieved and the team we have around us, which we are looking to grow with immediate effect,” added Callum.

“Our aim is to serve the market with integrity and build long-term relationships, and we look forward to working closely with all our clients, introducers and lending partners.”

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