This brings the standby assets under Crown’s management to a total of £9.84bn across a wide variety of residential and commercial portfolios.
Andrew Doyle, interim chief executive at Crown Mortgage Management, said: “We take the provision of standby servicing very seriously and this contract enables us to showcase our credentials and expertise in servicing bridging portfolios.
“This is a great start to the year and an important step for Crown. We have been able to grow assets under management in a difficult environment and look forward to building on this success throughout 2013.”
