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Diamond completes AIM listing

Diamond Lifestyle has become a quoted company on the stockmarket through the Alternative Investment Market.

The specialist in the Right To Buy market is planning to expand its service in 2007 by offering intermediaries a Right To Buy fulfilment service.

Mortgage brokers will be able to refer Right To Buy clients directly to Diamond, who will then deal with the client from enquiry to completion.

Alternatively, intermediaries can make use of Diamond’s lender panel and Diamond can then package completed applications.

Alan Kempson, chief executive of Diamond Lifestyle, says: “Diamond now has the capital base to grow its operation and bring greater value to more customers.

“We are also looking at other opportunities in the mortgage market.

“Diamond is already a leader in the provision of Right To Buy advice and we have ambitious plans to expand our operation into other niche markets.

“We believe the sub-prime market offers great opportunities going forward and the enlarged group is in a great position to benefit from that growth.”

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