HML, a leading third-party mortgage administration company, will celebrate it’s 10th anniversary in Londonderry on May 4.
Currently based at the Ulster Science & Technology Park, the Londonderry office has grown from a staff of around 25 in 2004 to some 330.
HML has over 25 years of experience in the mortgage administration sector, and chose to open an office in Londonderry in order to draw upon the financial expertise in the city at a time when many financial companies chose to outsource abroad. There are 62 members of staff who have been with HML in the city since 2004.
The office has acted as a call centre for Children in Need since 2008, raised thousands of pounds for local charities including Foyle Hospice and has supported local schools, such as during the Time to Read initiative.
Andrew Jones, chief executive officer at HML, said: “I am delighted that HML’s Derry site is celebrating ten years, and we have certainly substantially grown during that time. Opening a site in Derry was an important strategic move for us, drawing upon the experienced resources in the area and helping us to take advantage of growing opportunities in the Republic of Ireland.
“I’d like to thank all of our Derry staff for their hard work, particularly those individuals who have remained at HML since we launched in Northern Ireland in 2004.”
Mel Smith, director of strategy and planning, said: “It’s certainly an exciting time for HML. We celebrated 25 years last year, as well as launching a new operational base in Dublin, enjoying double-digit profit growth and took home numerous industry awards.
“Celebrating 10 years in Derry is testament to our experience and longevity, which have also contributed to our leading ratings. Our UK residential primary (sub-prime) rating by Fitch is the highest in Europe and our prime rating is the equal highest rating of any servicer in the world.
“I’d like to thank all HML staff in Derry for their hard work over the years, and look forward to seeing how we grow and develop in the future.”