AMPD announces completion figures

The group, made up of 13 packagers, has revealed it completed over £700m of mortgage business in the first quarter of this year. A further announcement details how AMPD is on target for completions in excess of £3billion in 2006.

John Mawdsley, spokesman for AMPD, said: "This is a fantastic start to the year for AMPD. Our completion figures so far prove we have established ourselves as one of the key packager alliances in the industry. With additional panel lenders lined up to join AMPD and more exclusive products to be launched, our intermediaries will benefit from an even wider choice throughout the year."

This news comes at the same time as the official launch of the AMPD website. Full details of AMPD’s member packagers, as well as exclusive product details and news, can now be found at AMPD’s website.