The Money Centre reports record buy-to-let applications

The Money Centre, one of the UKs leading providers of buy-to-let mortgages, has processed a record amount of buy-to-let mortgage applications in the month of August.

The Money Centre turned over 136.4m worth of mortgages, its best ever month recorded, and is on course to break this record again in September.

Compared to August 2004, The Money Centre has doubled the amount of buy-to-let mortgage enquiries generated, and has successfully converted more of these enquiries to achieve this record turnover.

Lynsey Scrivener, head of marketing and PR at The Money Centre, attributes this growth to investing in a strategic public relations and marketing campaign, combined with improvements in-house to the client database, which has enabled more effective communication with existing and potential buy-to-let investors.

Scrivener says: “The Money Centre has achieved considerable growth over the past year, which we are absolutely delighted with. We had traditionally only marketed ourselves online, and chose at the beginning of this year to strengthen this with investment in marketing and PR support.

“We have also focussed our attention on our client database, ensuring we are communicating effectively with investors who have previously made a buy-to-let investment with us or who have registered an interest in The Money Centre.

“Through careful communication with our database, we have also seen record attendance figures at our free buy-to-let seminars, which have been taking place at locations across the country since the beginning of the year. Despite a turbulent property market in recent months, this growth proves that established investors remain confident in buy-to-let as a long-term investment and remain pleased with the guidance provided from The Money Centre.

“We will continue to invest in the growth of the company and the team based at the head office in Norwich, and aim to continue this growth long into the future.”