Mortgage Advice Bureau mentioned whole mortgage completions lifted 17% to £14.2bn in the primary six months of the yr from 12 months in the past, including it expects enterprise “to proceed constructing” in the second half of the yr.
The dealer community added that inside this, new lending lifted 23% to £11.1bn, in a buying and selling assertion for the primary half of the yr to the top of June.
Purchase loans jumped 35% to £7.7bn in the interval, remortgages rose 3% to £3.4bn, whereas product transfers slipped 1% to £3.1bn.
The enterprise generates money from three core areas — procuration charges, safety and normal insurance coverage fee, and shopper charges.
Procuration charges lifted 23% to £60m in the interval, safety and normal insurance coverage fee was up 14.4% to £55.8m, whereas shopper charges rose 24.3% to £29.8m.
Overall, income lifted 19.6% to £148.2m, with different revenue contributing £2.6m, up 9.2%.
Its mainstream advisers rose 5.2% to 2,041, whereas gross sales per adviser lifted 14.2% to £74,600.
During the interval, the community, led by founder and chief govt Peter Brodnicki (pictured), made a number of dealer acquisitions and disposals.
First Mortgage Direct purchased an additional 12% of M & R FM for £1.2m, bringing its whole stake to 49%, in April.
The community acquired an additional 25.5% curiosity in Heron Financial, bringing its whole stake to 74.5% of the agency’s share capital, in March.
It additionally bought 49% of The Mortgage Mum for £0.5m in June, which might rise to 51% stake, topic to a put and a name choice over the following 5 to 10 years.
Overall, the community turned in a pre-tax revenue which jumped 54.8% to £9.6m in the interval, benefiting from £1.2m of decrease acquisition-related prices.
“These initiatives largely consolidated present initiatives into majority stakes,” mentioned MAB deputy chief govt Ben Thompson.
Responses to the Financial Conduct Authority’s mortgage rule evaluation closed final Friday, which promise to carry sweeping adjustments to the house loans market and the position of brokers.
Thompson mentioned he was happy to see relaxed steering regulators made earlier this yr on loan-to-income guidelines and affordability.
He added that the FCA had “requested the appropriate questions” on easing later life lending and permitting rental funds to rely in the direction of mortgage functions.
Thompson mentioned he didn’t see proposals on elevating residence mortgage ‘recommendation triggers’ as one thing that might have an effect on the enterprise in the “near- to medium-term,” including that new lending would supply “loads of alternatives”.
The community was bullish on present buying and selling.
It mentioned: “MAB delivered a powerful efficiency in the primary half of 2025, with momentum persevering with past the interval finish.
“Mortgage functions in July and August elevated by 17% year-over-year, and refinancing volumes are anticipated to proceed constructing via the second half of 2025 and into 2026.”
The enterprise reiterated its intention, made in February, that it intends to transfer from the London Aim market to the FTSE 250 index in 2026.
