December saw Tiuta experience a marked rise in the take up of its bridging offering as end of year business flooded through its doors. Tiuta experienced a 28% rise in completion business compared to its previous record month way back in October 2007.
During December Tiuta committed to donating a small percentage of income derived from all business introduced within the month to Great Ormond Street Hospital.
Tiuta has vast experience in working with a wide variety of borrowers from once in a lifetime bridging borrowers to the experienced multi-transactional property companies. It works closely with brokers to ensure clients speak directly to a genuine decision maker, with the ability to see the bigger picture and understand the potential of such a proposition.
A combination of sound financial backing, consistently prudent underwriting and ongoing interaction with intermediaries has enabled Tiuta to remain steadfastly active within the intermediary market.
Guy Garrard, head of business development at Tiuta, commented:
“The amount of business received in December was frankly quite staggering which was not only good news for us but also provided a nice windfall for Great Ormond Street Hospital. We, as a company, have worked hard to make ourselves a brand that intermediaries trust and these figures have certainly capped off a great year for Tiuta.
"We are looking forward to building on some very solid foundations by continuing to innovate and have a number of exciting plans in the pipeline for 2010.”
