AV Jennings signs agreement

Under the terms of the AV Jennings arrangement, both parties will co-ordinate their marketing and sales programs to offer Firstfolio mortgage finance to AV Jennings' clientele, with Firstfolio having access to this clientele in offering a broader range of financial products and services.

The announcement follows Firstfolio's launch of a proprietary business to business software platform, BLOOM that enables praticipating companies to collaborate products and services to strengthen and diversify their customer offering.

AV Jennings CEO, Peter Summers said the arrangement with Firstfolio was a commitment by AV Jennings to enhance its customer offering by providing access to a mortgage finance service to customers.

"AV Jennings has always understood the value in providing end finance solutions to its customers and with a healthy pipeline of new products and displays, for which there is increasingly strong demand."

AV Jennings has recently highlighted a strong growth in new contract signings reflecting the strong upturn in demand for new housing developments.

"Firstfolio's BLOOM system offered a turn-key solution that will help strengthen our client relationship by offering customers an end to end property investment service," said Mr Summers.

Firstfolio Chief Executive Officer, Mark Forsyth, said: "The agreement with AV Jennings was an important opportunity to take Firstfolio's services to a highly motivated audience of home buyers and investors.