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Welcome to Happy Brokers
25 February 2020

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29/10/2007 - Redundancies at Prestige

Prestige Finance has announced that it is to make a number of redundancies due to difficulties in the current market.

The lender noted that it has received a reduction in the number of cases it has successfully processed and therefore is hoping to reduce its workforce by slightly less than 10%.

Simon Stern, director at the Watford-based lender, said it was still committed to the market in spite of the announcement.

Stern said the move to reduce the size of the workforce would not affect the service that brokers have applauded over the last few months.

We have been involved in this market over 30 years and have every confidence that the market conditions will improve in the future.