Together saw its loan book increase 13.8% in 2021 to £4.4bn as the specialist lender posted solid results.
Average monthly loan originations stood at £199.9 and in November and December 2021 loan originations exceeded £200m, above pre-pandemic levels.
Weighted average indexed LTV remained conservative at 51.6%.
Gerald Grimes, group CEO designate of Together, said: “Q2 has seen sustained growth for Together, with our loan book up 4.6% on the previous quarter and up 13.8% on the same period last year, at £4.4bn.
“Our average monthly lending volumes increased by 11.7% on Q1 to £200m, with originations in November and December exceeding £200m and rising above pre-pandemic levels.
“In line with our growth strategy, we have raised or refinanced £900m across three transactions since September, adding to the diversity and maturity of our funding structure.
“Most recently, in December we refinanced and doubled the size of our Delta ABS facility for unregulated bridging loans from £200m to £400m.
“Although the UK economy is continuing to recover at a rapid rate, it is likely that consumers will be impacted by rising inflation, higher interest rates, and fiscal changes.
“While economists are forecasting a slowdown in economic growth in 2022, Together remains well placed to help increasing numbers of customers realise their ambitions and to play our part in supporting the UK’s economic recovery.”
