October set record for Mortgages plc

The lender once again received more than £100 million of mortgage applications and completed over £70 million mortgage loans in October. This is a significant achievement for the company, which has seen its business grow from strength to strength over the year, and particularly since Nikko became the parent company at the end of last year.

Trevor Pothecary, group chief executive at Mortgages plc, said: “We have completed more applications in the first 7 months of trading this financial year than we did in total in either of the last two financial years. We will be working very hard to maintain these recent levels of growth and areas such as correspondent and branding lending will continue to be developed.”