Property business clinches funding

Tuesday, 2nd October 2012

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Royal Wootton Bassett-based Quick Move Properties (QMP) has secured a package which includes an extension of established facilities and additional working capital from Santander Corporate Banking.

Bristol law firm Osborne Clarke acted for the bank.

Steve Abbley, chairman at QMP, said: “We have a developed an innovative and strong business proposition for the UK residential property market, one that we see as offering a real alternative to the traditional house purchasing process.

“We are delighted with the continued financial support from Santander and look forward to working closely with the team going forward.”

Richard Taylor, relationship director for Santander Corporate Banking, added: “QMP is committed to delivering a first class service for house sellers in the UK.

“The firm and its management have developed a proposition which offers a real alternative to people moving house, and we are delighted to maintain our business relationship with them by extending our lending support.”

Quick Move Properties was founded in 1998 and has an annual turnover of more than £50m.

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