Mortgage Advice Bureau (MAB) has reported a 19% year-on-year enhance in revenue in its buying and selling replace for the six months to 30 June.
The enterprise reached £147m for the included interval, with revenue earlier than tax anticipated to be round £14m, a 14% uplift on the earlier yr.
Gross mortgage completions for the interval rose 14% to £13.8bn, which MAB attributes in half to an uplift in transaction volumes forward of the Stamp Duty Land Tax aid modifications on the finish of Q1.
MAB’s market share of recent mortgage lending elevated to eight.3% for the 5 months to 31 May 2025 (2024: 8.1%).
The community’s adviser base grew, with numbers up 5% to 2,041 as of 30 June with common revenue per adviser up 14% to £74,000.
In the report, MAB says it sees indications of a gradual restoration in underlying buy exercise, supported by purchaser affordability and a rise in provide of recent properties approaching market.
It predicts refinancing will speed up in the second half of 2025 and into 2026, as a considerable quantity of 5-year mounted mortgages from the post-pandemic increase and 2-year mounted offers taken out following the 2022 mini finances strategy maturity.
MAB founder and chief government Peter Brodnicki says: “I’m happy to report a powerful efficiency in the primary half of 2025 with the mortgage market displaying indicators of a sustainable restoration. Adviser productiveness is constant to extend, and powerful momentum is constructing in adviser progress.
“It is encouraging to see the federal government so targeted on housebuilding and residential possession initiatives, and we’re already seeing a direct and optimistic response from the monetary regulators, offering a supportive backdrop for the housing and mortgage market.”
MAB’s interim outcomes are due on 23 September.
