Together will also be able to meet the growing demand for finance across its market after increasing its Charles Street securitisation programme to £1bn, with further investment from several major banks.
Speaking of the company’s success, commercial CEO Marc Goldberg commented: “This is our highest monthly lending in our 42-year history, and is a direct result of our commitment to the quality of our products and the dedication of our team, as well as our strong partnerships with our extensive network of brokers and introducers.
“Demand for bridging finance remained robust in this quarter, following an increase of nearly 65% in 2015, and our auction division saw a record number of transactions in March.
“In our retail division, the Mortgage Credit Directive was implemented with a smooth transition to the new processes, working closely with our broker partners.
“Buy-to-let lending was also strong, fuelled in part by the April stamp duty hike.”
Together was granted full authorisation last month.
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