This year the firm has completed 163 loans to date, while in 2023 it completed 75 — TAB’s 2024 completions amounted to £146.24m, with 64 loans and £56.25m completed in the past 90 days.
The company’s loan pipeline now stands at £110m across 156 loans, while it received 4,155 loan enquiries this year, valued at £6.12bn, while over the past 90 days, the firm received 1,300 enquiries, representing a potential £1.49bn said the firm.
According to TAB, it has completed as many loans in the last quarter as it completed in 2023.
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It’s portfolio consists of 98.5% of loans secured by first-charge mortgages, with 62% being allocated to residential properties and 38% to commercial assets.
Commenting on the company’s results, Duncan Kreeger, CEO and founder of TAB (pictured above), said: "2024 has been a transformative year for TAB, driven by our commitment to innovation and a technology-first approach.
“The significant growth in loan volumes and enquiries reflects a buoyant market sentiment and the trust that brokers and borrowers place in TAB.
“As we move into 2025, we remain focused on blending technology, sustainability, and personalised service to meet the evolving needs of the real estate finance sector."
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