Bournemouth-based Regency Mortgage Corporation is celebrating as it reaches the major milestone of a decade in business.
Its ten years of trading was marked, amongst other things, with a gala dinner attended by key figures from the mortgage industry.
Regency, a leading mortgage intermediary in the sub-prime market, especially council house Right to Buy and remortgages, provides a UK wide service from its HQ in Bournemouth. Since it was launched, the workforce has grown to more than 120 staff, and last year arranged mortgages worth a total of 180 million.
A total of 41 people attended the dinner held at the Royal Bath Hotel in Bournemouth at which Nick Baldwin chief executive officer of Regency told guests that the business was formed by two entrepreneurs a little over ten years ago. He said it was tribute to them and the professional staff at Regency that the business had grown into a significant player in its chosen market.
Baldwin said he looked forward to business in a Regulated environment. He said the directors of Regency saw the arrival of Regulation as a positive for the industry and how especially the concept of treating customers fairly could be turned into a true commercial advantage for the business.
Eddie Goldsmith of Goldsmith Williams Solicitors, thanked Regency on behalf of the guests and welcomed the support given to business partners over the last few years. He looked forward to even stronger relations with the business in the future.
Among the invited guests at the dinner were representatives from lenders GMAC RFC, Preferred Mortgages, Platform Home Loans and First National and solicitors Goldsmith Williams, Matthew & Matthew, Howes Percival, Hennessy Bowie & Co and Palka Downton.
Also present were guests from MMS Limited (Insurance); The MediaSlice; Shield Advisory Services; Fresh Recruits and Coleman Financial Services.