Mortage Advice Bureau remain confident about continued growth in adviser numbers

January 30, 2017

Mortgage Advice Bureau (Holdings) plc , one of the UK’s leading networks for mortgage intermediaries, issued Friday 27th January a pre-close trading update for the year ended 31 December 2016, ahead of publishing its final results announcement on Tuesday, 28 March 2017.

Peter Brodnicki, CEO of Mortgage Advice Bureau (Holdings) plc, said:

“Despite the uncertainty the EU referendum brought to the housing and mortgage markets last summer, MAB has delivered yet another strong performance. Activity levels picked up following the expected summer lull, and from this position the housing and mortgage markets are forecast to be flat over the next few years.

“Our increase in adviser numbers was ahead of our expectations last year and we remain confident about continued growth in 2017 and 2018, both organically and from new Appointed Representatives.

“Regardless of the EU referendum and predictions of flat housing and mortgage markets, MAB’s future growth plans remain unchanged. Our strategy is very clear both in the short and longer term, and the investments made in 2016 form part of our longer term planning to maintain year on year market share growth and further strengthen MAB’s overall market position.”

Read the pr-close trading statement in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Apprentices often able to buy homes years earlier than graduates

With A-level results finally released, for those torn between university and an apprenticeship, there’s more than just career direction to consider. In the past few years, data has shown that apprentices are often able to buy homes years earlier than graduates, a growing financial gap that’s making home ownership feel close to impossible for many…
Read More →
Breaking News

Landlords invest in 85,000 fewer properties

The latest analysis from Dwelly, one of the UK’s leading lettings acquisition and success planning experts, has revealed that landlord purchasing activity has slowed considerably, with an estimated 170,520 landlords buying a property in the last 12 months compared to 255,780 a year earlier – a drop of 85,000 transactions. Dwelly analysed the latest figures…
Read More →
Rightmove logo
Breaking News

Savvy summer sellers drive best July for sales agreed since 2020

The average price of property coming to the market for sale drops by a seasonal 1.3% (-£4,969) this month to £368,740. August’s price drop is in line with the ten-year average following the bigger than usual falls in June & July Savvy summer sellers are pricing realistically to attract holiday-distracted buyers. Lower asking prices and…
Read More →
Home and Living

Expert Review: Pantego Electrical Services – Reliable and Affordable Solutions

When it comes to maintaining safety and comfort in your home or business, high-quality electrical work is crucial. For residents and businesses in Pantego, reliable electrical services are available through licensed professionals who prioritize customer satisfaction. In this review, we explore Pantego Electrical Services and highlight why Darby Electric Service is a trusted choice for the community.…
Read More →
Estate Agent Talk

Storytelling for Homeowners: Producing Content That Connects Emotionally

In the quick-paced global of online facts, information by myself is rarely sufficient to encourage or have an effect on. Whether you’re a home owner sharing your protection adventure, a blogger covering indoors traits, or a real estate professional assisting customers discover their dream homes, storytelling is the important thing to building belief and emotional…
Read More →
Estate Agent Talk

This Summer’s Extreme Heat: What It Means for UK Gardens

The UK has been enjoying plenty of warm sunshine during the early weeks of the 2025 summer season. In predictions made by the Met Office for the three-month outlook there is plenty more hot weather to come. According to the government agency, the UK’s meteorological summer is twice as likely to be hotter than normal…
Read More →