Specialist lender Together has broken its all-time lending record for one month, with total new lending for June coming to £328.9m.
Together said there were around 1,455 completions across the group in the month of June, which included bridging loans totalling £159.7m in lending from 631 transactions.
It also included development finance at around £29.3m, the largest on record, and community housing and healthcare lending came to £11.2m.
Chris Baguley, group channel development director at Together, said the record lending was an “incredible achievement” and said it was a result of the strong performance of sales channels across the group.
He said: “Together’s latest lending figures show the growing demand for our fast and flexible finance and are testament to a strong ethos of common-sense lending [that] runs through our business.
“We’ve helped people across the board, from family homebuyers and social housing providers to landlords, investors and large corporate developers, achieve their property ambitions during what has been a tough time for individuals and businesses.
“The reason we’ve been able to do this is because of the hard work and dedication of our colleagues, which have allowed us to deliver incredible outcomes for our customers and the UK economy.”
The lender earlier this year confirmed that it had launched a £150m development finance facility for thousands more homes across the UK.
The fund unlocks the additional finance needed for SME developers undertaking housing schemes, student accommodation, care homes, social housing and mixed-use projects.
Baguley added: “We are very pleased and proud with our overall performance in delivering a highly impressive month, and the continued support we provide through excellent customer service to streamline processes and enhance our product range.
“These improvements mean we’re well on track to meet our own growth ambitions – and our vision to be the most valued lender in the market.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
