Signature secures additional funding from HTB

The short-term property finance specialist recorded its best ever year in 2022 and has achieved a Q1 figure of £26.6m this year — bolstered by its record monthly total of £12.4m in March.

Thomas Howells, chief operating officer at Signature Property Finance (pictured above), commented: “The upward trajectory of the business in recent years has been well-supported by our existing funders, but the highs of last year and start to this year [has] accelerated our funding requirements.

“We attribute much of [our] success to shifting our focus from rates to relationships; our clients and our clients’ clients know that we will follow through on the promises we make at the start of the deal – there are no nasty surprises just before drawdown or later in the process.

Paul Maurici, managing director of wholesale finance at HTB, added: “The increased facility enables Signature to continue delivering for its customers and for us, and it is gratifying to be part of its continued growth story.”