New asset management company launched

New asset management company launched




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A new independent asset management company, Asset 1st, has launched into the market, offering specialist, asset management and valuation services to the UK property market. 

The founders of the company are Tony Ibson, Chris Finney, Angus Macnaughton and Graham McIntosh, who between them are said to have huge experience in the property, mortgage and financial services, and valuation services sectors.

 

The new firm has said that it is aiming to differentiate itself from the rest of the sector by offering a bespoke, technology driven solution that will operate independently and without any ties to any single estate agency group. Asset 1st will work with all estate agents in different locations, enabling it to choose and then partner with the best performing firm for a particular area and property type.

 

The system used to identify the best performing estate agent is fully auditable and provides lenders with a comprehensive audit trail should their processes ever be challenged. 

 

Graham McIntosh, Commercial Director of Asset 1st, says: “The generally held view is that there will be an increase in repossessions in the UK following next year’s General Election. This being the case the asset management sector is undersupplied and there is an opportunity for new entrants such as Asset 1st to make an impact. Our offering will combine a personal service with leading edge technology, a proposition that is being extremely well received in our initial conversations.”

 

McIntosh says the firm will not be driven by growth aspirations and will focus on the quality of its service. He explains: “We will aim to realise the best possible price in the shortest possible timeframe. We will only ever work with a select group of clients and properties at any one time, ensuring the personal touch which our clients deserve to expect.”

Ibson, Finney, Macnaughton and McIntosh are well known in the market, having previously held senior positions for a range of corporate organisations including Your Move, Newcastle Building Society, Northern Rock, Nationwide Building Society, Countrywide, and Reeds Rains.

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