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Do you expect to see less or more second charge mortgage lenders in 2018?

Enra Group named in Sunday Times Fast Track 100

Enra Group

Enra Group has been ranked at number 35 in the latest Sunday Times Virgin Fast Track 100.

This is the fourth consecutive year that the parent company of specialist lender West One Loans and master broker Enterprise Finance has featured in the annual index which recognises the UK’s top 100 companies with the fastest growing sales.

The group’s annual sales growth of over 101% in three years was highlighted by the index last year.

Danny Waters, CEO of Enra Group, said: “We are delighted to have received recognition in the Fast Track 100 rankings.

“Over the course of four years, our sales have grown exponentially, and we’ve continued to deliver on the bottom line as well.

“At the same time, we’ve managed to develop our products and expand within the marketplace, while ensuring we are servicing more clients with the same high level of tailored advice and flexible lending that is the bedrock of our offering.”

This year, West One grew its bridging finance loan book to around £450m and launched a long-term second charge mortgage offering.

West One’s new second charge team is led by Paul Simpson, Ed McAra and Marie Grundy.

Earlier this month, West One joined the second charge lending panel of specialist finance broker Smart Money.

The company is also planning to move into the development finance market in 2018, as well as undertaking the further expansion of its second charge lending proposition.

“We are committed to continuing this rapid progression and look forward to the months ahead,” Danny added.

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