The Money Centre’s first quarter success

In 2006, The Money Centre performed beyond their expectations and it looks like 2007 could be following suit.

This year The Money Centre has got off to an excellent start, with a record-breaking 18,000 enquiries from prospective clients between the beginning of the year and the end of March.

The first quarter also saw The Money Centre, one of the UK’s largest specialist buy-to-let mortgage brokers, source more than £478 million of buy-to-let mortgages for its customers, putting it on target to beat last year’s record figure of £1.9 billion for the whole year.

The average amount borrowed was a little over £30,000 per transaction, demonstrating that many landlords have enough confidence in their investment to use substantial amounts of their own capital.

Lynsey Sweales, marketing and PR director of The Money Centre, comments:
“We are absolutely thrilled with our first quarter results. We focus heavily on customer service - providing guidance, service and expertise to our clients, as well as sourcing the most suitable products. We are confident these factors have contributed to our success. With the first three months of 2007 seeing almost 6,000 enquiries from existing customers alone, we believe our confidence is well-placed.”

“Despite recent hikes in the base rate, our clients have a positive outlook on their investments. On average, investors expect to hold their investments for more than 18 years and most are confident the value of their portfolio will increase within the next 12 months. Buy-to-let is still a strong investment vehicle and more and more people are coming to realise the benefits.”

For further information, visit themoneycentre.net.