"We’re all about building long-term relationships with our brokers": Imogen Stocks, JMT Finance

We spoke to Imogen Stocks, account manager at JMT Finance, about JMT's product offering, what her role entails, and what makes JMT different from other lenders.

Related topics:  In The Spotlight,  Specialist Lending
Rozi Jones | Editor, Barcadia Media Limited
23rd February 2024
Imogen Stocks JMT Finance
"We really want to understand their business and their goals and our privately funded model allows us to evaluate each case on its own individual merits."

FR: How did you start working for JMT Finance?

Before working in my current role as an account manager, I worked for our sister company, Prospect Estates Limited, in an administrative capacity. Initially, I undertook a dual role, dividing my time between both companies but I joined JMT full-time in 2021.

JMT is an unregulated privately owned and funded commercial property lender, and I made the move to assist with the company’s growing loan book.

FR: What qualifications have you achieved?

I’ve been fortunate that JMT has provided me with the opportunity to complete my Level 3 Certificate in Mortgage Advice and Practice (CeMAP) and supported me throughout my studies. Completing this course has significantly increased my knowledge of the mortgage market and helped me in my role.

FR: What does your role at JMT entail?

As account manager, my role at JMT is very varied. I oversee loan accounts, participate in networking events, liaise with brokers, set up new loans, manage our case management system, and attend site visits.

I am continuously learning on the job and gaining valuable experience. Working in a small team of just four exposes me to all aspects of the lending process, which is fantastic.

FR: What have you gained from working at JMT?

My role at JMT has helped me grow my confidence when it comes to building relationships with brokers and clients.

Working with JMT since its launch in 2019 has allowed me to gain valuable insights into the workings of the commercial finance industry. Working closely with my managing director, Chris Jones, has also been a significant part of my personal growth and progression within the company, as he involves me in all aspects of JMT’s day-to-day operations. He also takes the time to explain the legal and commercial aspects of what we do.

FR: What products are JMT offering?

JMT currently offers three distinct products: a bridging product, a three-year interest-only term product, and a five-year part-repayment product.

Our bridging loan has a term of 12 to 24 months, available at either 70% LTV serviced interest only or 80% LTV with six to 12 months’ interest deducted at drawdown. The term loan is taken over three years, with serviced interest only, with an LTV of up to 80%. While the five-year part-repayment product allows borrowers to repay 25% of their debt over the loan’s five-year term. Importantly, all our products come with no early repayment charge, subject to six months minimum interest.

FR: What makes JMT different from other lenders?

What makes us stand out is our approach of meeting with every borrower personally. We don't follow a strict application process; instead, we look at each case individually. Doing our own valuations speeds things up and saves borrowers money since they don't have to wait for, or pay for, an independent valuation.

We’re all about building long-term relationships with our clients and brokers. We really want to understand their business and their goals and our privately funded model allows us to evaluate each case on its own individual merits.

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