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Tag: Mortgage Growth

  • Mortgage Market Sees 21% Growth in Turnover This Year

    Mortgage Market Sees 21% Growth in Turnover This Year

    The Mortgage Brain has reported a remarkable turnover growth of over 21% this year, reaching a record £6.6 million. This surge is attributed to strategic changes in their protection and general insurance divisions, which have bolstered their overall performance in the mortgage market.

    TL;DR: The Mortgage Brain’s turnover has increased by 21% to £6.6 million; this growth impacts borrowers and brokers as the firm aims to arrange £1.5 billion in mortgages in 2026.

    What factors contributed to this growth?

    The increase in turnover can be largely credited to a deliberate shift in strategy within The Mortgage Brain’s protection and general insurance sectors. The company has expanded its team, now employing 18 protection specialists and eight general insurance advisers, enhancing its service offerings and client support.

    How does this affect borrowers and brokers?

    For borrowers, the growth of The Mortgage Brain signals a more competitive mortgage market, potentially leading to better service and more options. Brokers, in particular, may benefit from the expanded expertise within the company, allowing them to provide clients with tailored advice and a wider range of products. The target of arranging £1.5 billion in mortgages in 2026 suggests a strong focus on meeting client needs and adapting to market demands.

    What this means for the mortgage market

    The Mortgage Brain’s strategic changes and growth trajectory indicate a positive trend in the UK mortgage market. As the company aims for a turnover of £12 million by June 2028, it reflects a commitment to innovation and client satisfaction. Stakeholders, including landlords and investors, should watch for how these developments influence market dynamics and pricing strategies.

    Frequently asked questions

    What is The Mortgage Brain’s growth target for 2026?

    The Mortgage Brain aims to arrange £1.5 billion worth of mortgages in 2026, reflecting its ambitious growth strategy.

    How many specialists does The Mortgage Brain employ?

    The firm currently has an 18-strong team of protection specialists and eight general insurance advisers, enhancing its service capabilities.

  • Mortgage & Protection Network Sees Year-on-Year Growth

    Mortgage & Protection Network Sees Year-on-Year Growth

    The Right Mortgage & Protection Network has reported significant growth in its core business areas for the second quarter of 2026. This growth reflects a robust demand for mortgage lending and protection services, despite the fluctuations in the market.

    TL;DR: Mortgage lending rose by 23% year-on-year, with completions up 21%; this growth indicates strong client demand and adviser expansion, benefiting brokers and borrowers.

    What are the key growth figures for Mortgage & Protection?

    The Right Mortgage & Protection Network has demonstrated impressive growth across several metrics. Mortgage lending surged by 23% compared to the previous year, while mortgage completions increased by 21%. This uptick is attributed to a rise in adviser numbers, which grew from 869 in Q2 2025 to 884 by the end of Q2 2026. Additionally, the network reported a 12% increase in protection income and a 7% rise in equity release completions, along with a 4% increase in private medical insurance (PMI) income. These figures underscore the network’s ability to adapt and thrive in a fluctuating market.

    How does this impact borrowers and landlords?

    For borrowers, the increase in mortgage lending and completions signals a more accessible borrowing environment, potentially leading to more competitive rates and options. This is particularly beneficial for first-time buyers and those looking to remortgage. Landlords may also find opportunities in the equity release market, which has seen growth, allowing them to use their property investments more effectively. The overall expansion in adviser numbers means that borrowers and landlords can expect enhanced support and guidance in navigating their mortgage and protection needs.

    What does this mean for mortgage advisers?

    The growth reported by The Right Mortgage & Protection Network highlights a positive trend for mortgage advisers. As the number of advisers increases, so does the potential for collaboration and knowledge sharing within the industry. The network’s commitment to training and support through initiatives like The Right Academy ensures that advisers are well-equipped to provide comprehensive advice. This is important in a market that is continually evolving, as advisers need to stay informed about the latest trends and regulations to serve their clients effectively.

    What should investors watch next in Mortgage & Protection?

    Investors should keep an eye on the continuing trends in mortgage lending and protection services. The growth in equity release and protection income indicates a shift in consumer priorities, which could lead to new investment opportunities in related sectors. Additionally, as the network expands its membership and adviser support, it may influence market dynamics, creating a more competitive market. Monitoring these developments will be essential for investors looking to capitalize on emerging trends in the mortgage and protection markets.

    Frequently asked questions

    What is The Right Mortgage & Protection Network?

    The Right Mortgage & Protection Network is a financial services network that supports mortgage advisers with resources, training, and business development. It focuses on enhancing adviser capabilities in mortgage lending, protection, and equity release.

    How can I benefit from working with a mortgage adviser?

    Working with a mortgage adviser can provide you with tailored advice, access to a wider range of mortgage products, and support throughout the application process. Advisers can help you navigate complex options and find the best solutions for your financial situation.