Pink Network breaks its mortgage record in July

Pink broke its historical mortgage record in July with 2,255 mortgages completed with a total value of just over £338 million.

Related topics:  Mortgages
Amy Loddington
6th August 2013
Mortgages

This amount exceeds the previous best figures set in 2007, achieved with a similar number of advisers and significantly fewer Pink staff, and in a lending market which is half the size now than it was then.  

Pink attributes last month’s record breaking success to the persistence of advisers who have stayed loyal to Pink and worked through the hard times along with the quality of advisers who have joined Pink to replace those that have moved out of the industry. Lender support has also made a valuable contribution in what has become a market leading proposition.  

Mark Graves, director of Pink network, says:

“We are fortunate at Pink to have such a strong group of people who are committed to making this industry their long term career.  The bedrock of our network is those advisers with ambitions to build their firms either through their own sales ability or through building a team; our strategy is to support them in their ambition.

“These results are a direct benefit of Pink focusing on road shows and workshops support over the last couple of years.  Most Pink AR’s work either on a referral basis or have quality introducers who are vetted by Pink.

“This record is not an accident, it is an accumulation of advisers working hard, keeping focused and following a laid down sales process; as a network it is not good enough just to be a supplier of products and admin services. Being proactive in support and working with our ARs to help them to drive their businesses forwards is why we have passed 2007 levels from a market lending nowhere near the volumes it did 6 yrs ago and I suspect it is only the beginning in a continuous line of record breaking achievements within Pink.”

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