Quantum Mortgages surpasses £1bn lending milestone
Jason Neale said: “This milestone reflects the hard work of our team, the support of our funding partners and the trust that brokers and their clients have placed in us."
Quantum Mortgages has exceeded £1bn of mortgage lending since completing its first loan in July 2022.
Quantum said its growth was supported by specialist underwriting aimed at professional landlords and property investors.
Jason Neale, chief executive officer at Quantum Mortgages, said: “Passing £1 billion of lending is a major milestone for Quantum.
“When we launched in 2022, we couldn’t have anticipated the scale of the economic and political challenges that would follow.
“To achieve this level of growth in such a difficult environment is something we’re incredibly proud of.”
Neale added: “This milestone reflects the hard work of our team, the support of our funding partners and, most importantly, the trust that brokers and their clients have placed in us.
“We’ve always believed there was room in the market for a lender that combines common-sense underwriting with a genuine understanding of professional landlords, and it’s rewarding to see that approach resonate so strongly.”
Sy Nathan, head of bridging and structured finance at Dynamo, said: “Quantum entered the market with a refreshing approach.
“They challenged a lot of the traditional thinking in buy-to-let lending and introduced underwriting that better reflected how professional landlords actually operate.
“Their common-sense underwriting and willingness to consider real-world scenarios has helped landlords structure their borrowing more efficiently and maximise the profitability of their portfolios.”
Nathan added: “In a remarkably short period of time, they’ve established themselves as one of the most important and innovative lenders in the specialist buy-to-let market.”
Quantum has also completed three asset-backed securitisation transactions through its Bletchley Park Funding programme.
Neale said: “Our success is about much more than lending volume. We’ve worked hard to build a scalable and sustainable platform, and the completion of three Bletchley Park Funding securitisations is an important part of that journey.
“The continued backing from investors and funding partners reflects confidence in our underwriting, portfolio quality and long-term strategy.
“It gives us a strong foundation as we continue to grow and invest in the business.”
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