Founded by property industry experts Graham McIntosh and Chris Finney, The 1st Group currently consists of three brands - Asset 1st, Valu 1st, and Pelican.
Asset management and property disposal specialist Asset 1st has, to date, been the flagship brand, having secured a number of high profile lender clients since its launch in 2009.
Graham McIntosh, Group Chief Executive, says:
"This key milestone of securing funding ensures an exciting 2012 for us, one in which we will expand a unique and compelling proposition. The funding enables us to broaden and strengthen our asset management services whilst launching innovative survey and valuation propositions. We aim to improve the options available to all parties involved in property management."
The group’s recent developments to its asset management proposition include:
- A ‘Voluntary Sales Package' that helps prevent repossessions and which gives the public a serious alternative to increasing debt and the inevitable huge losses that can result
- Bespoke 'Customer Club', which helps in all aspects of the house-moving process, saving time and offering financial benefits to the customer
- Innovative 'High Value Repossession Program', an area of the market which does not currently receive the specialist attention it deserves
- Agent Selection Process has also been streamlined, and their unique Property Warranty product has been extended
These developments will be brought to market in the weeks and months ahead.
Pete Thomson, Managing Director at M Residential, says:
"It's refreshing to seenew businesses coming to market, and very encouraging that The 1st Group has secured investment in these tough economic conditions. This reflects well on the management team and their strategic vision and business plans for their ventures. I wish them all the best, and look forward to seeing the fruits of their labour."
