Loan Introducer
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
  • Commercial
  • Residential
  • Secured
  • Short Term
  • Unsecured
Facebook LinkedIn Twitter

Time: 0:0

Ryan Fowler

Dragonfly has record year

31 January, 2014

By: Ryan Fowler

category: Residential, Secured, Short Term

0

The value of loans completed by Dragonfly Property Finance increased by 108% during 2013 as the Short- and medium-term lender reported record results.

Last year, Dragonfly completed on 65% more loans than it did during 2012, while agreements in principle also rose significantly last year, both in terms of numbers and value.

Dragonfly made 42% more AIPs during 2013, with a value 38% higher than the previous calendar year.

Jonathan Samuels, chief executive of Dragonfly Property Finance, said: “2013 was the busiest year for Dragonfly by a distance.

“The understanding of short- and medium-term finance has matured considerably and this, coupled with improving economic and market conditions, has seen the demand for our products soar.

“With our recent acquisition by Octopus Capital, we are well positioned to continue on this growth trajectory during the course of 2014. In January we have already had an exceptional start to the year: there is no sign whatsoever of a let-up in demand.”


Tags: dragonfly

Recent News

Loans Warehouse: Business as usual for second charge market

12 January, 2021

Loans Warehouse appoints former OneSavings Bank director

12 January, 2021

Shawbrook increases maximum loan size across second charge offering

12 January, 2021

Matt Cottle steps down from Specialist Mortgage Group

08 December, 2020

Comments are closed.

Polls

Will the next six months see an increase in second charge business?

View Results

Loading ... Loading ...
BACK TO TOP

Blog

Blog: Regulation, regulation, regulation

28 January, 2016

  • 0

BLOG: The need to shop around

27 October, 2015

  • 0

Experience is everything

28 March, 2013

  • 0

Tags

  • ‘The LM Experience’
  • £50m
  • 1st HomeLoans
  • 1st Stop Group
  • 247Moneybox
  • 360 Lifecycle
  • 75% LTV
  • 85% LTV
  • Aaron Noone
  • ABC
  • Abhai Rajguru
  • Access 4 Finance
  • Access4Finance
  • Accord
  • acquisition
  • Adam Tyler
  • Adelle Rhule-Martin
  • Adrian Moloney
  • Advertising Standards Agency
  • Advertising Standards Agnecy
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
Facebook LinkedIn Twitter

© CEDAC Media Limited | Terms & Conditions

Advice to readers

While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.


© Mortgage Introducer Limited: Our Privacy and Cookies Policy

TPG

www.mortgageintroducer.com
www.investmentinternational.com
www.homebuying.co.uk
www.propertywire.com
www.everyinvestor.co.uk

Close

Enter the site

Login

Password

Remember me

Forgot password?

Login