Milestone anniversary for BH Mortgages reveals impressive figures
A successful first year for BH Mortgages
Leading mortgage brokerage services BH Mortgages is celebrating its first anniversary milestone and a successful year for the business.
BH Mortgages, has announced that over the past 12 months the business has organised gross lending of almost £23 million to hundreds of home buyers.
Head broker for the company, Lewis Chambers, said: “We are delighted with what we have achieved in our first year of BH Mortgages. We have helped hundreds of buyers and dozens of first time buyers purchase a home, offering them impartial and sound advice and most importantly getting them the best deal which is right for them.
“We have brought more lending partners to our business, partnering with companies which historically don’t work with brokers, providing more choice and opportunity for clients. Similarly, we have also secured exclusive products and deals which clients can’t find anywhere else.
“Due to our success the business has also expanded in a very short time frame, and we are now able to offer protection and general insurance, covering building, contents and landlord cover. For the past three months, we have been the leading business in the north for insurance.”
Within its first year demand for BH Mortgages, which operates under BH Group alongside Bradley Hall, BH Financial and BH Planning and Design, grew steadily and the company welcomed its first apprentice to the team.
The success behind the company has been put down to the fact that BH Mortgages charges no fees to arrange a mortgage. Most other mortgage brokers take both a fee and a commission from the lender.
Neil Hart, group managing director of Bradley Hall and BH Group, said: “BH Mortgages has been an excellent addition to BH Group. The business was one of the first subsidiaries to launch under Bradley Hall, paving the way for others to follow.
“This is a perfect example of the success we have grown to expect from our companies and services. Lewis has been a fantastic addition to the team, and his expertise and professionalism has been the driving force behind the impressive first year figures. We look forward to continuing this and growing the business further in the coming months and years.”
The team is based in the new 4,000 sq ft Bradley Hall head office on the upper floor of 1 Hood Street, near Grey’s Monument, Newcastle. The company relocated its flagship commercial operation, investing around £150,000 in moving company from its Grey Street site.
The move and relocation reflects an impressive year of growth and change but also further ambitions in the coming 12 months. BH Group intends to increase its team of staff from 35 to 50 across its operations within the next couple of years and is currently recruiting for several posts.
Bradley Hall currently employs staff over operations in its main head office and commercial base at Grey’s Monument in Newcastle city centre, with residential offices in Gosforth, Durham, Alnwick and Morpeth.