The remortgaging market both for residential and buy-to-let remains steady says MAB

July 25, 2017

Mortgage Advice Bureau (Holdings) plc today 25th July 2017  released its Pre-close Trading Update for the six months ended 30 June 2017, ahead of publishing its interim results announcement on Tuesday, 26 September 2017.

Revenue for the six months ended 30 June 2017 increased by 15% to £49 million driven by a 14% increase in the average number of Advisers to 974 over the period. 

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

“Activity overall in the housing market has remained steady and was not unduly affected by the election in early June.  There are some signs of softening home mover activity. However, for most of those moving home currently, it is not a discretionary decision, with lifestyle factors causing them to need to move.  The remortgaging market both for residential and buy-to-let remains steady.

“We continue to enjoy a strong financial position and are focussed on our market share growth. Our technology developments are progressing well and will help drive our future market share growth and further strengthen MAB’s overall market position in 2018 and beyond.”

Read the MAB Pre-close Trading Update 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

Home and Living

Don’t Let Dirty Windows Cost You a Sale

You’ve spent months preparing your home for sale. You’ve decluttered, repainted the hallway, replaced the kitchen handles, and had the carpets professionally cleaned. But have you looked at your windows lately, really looked at them? Dirty windows are one of the most overlooked deal-breakers in property sales. They’re also one of the easiest to fix.…
Read More →
Home and Living

Home longevity spas tipped to become the next must-have in prime property

Longevity expert has noticed a huge influx in home spas from investors Country and Townhouse reported that wellness is expected in luxury homes Ralph Montague discusses core shifts he’s seen over the past two years Once, cinema rooms, wine cellars and home gyms were considered luxury home features. Now, the next major trend in prime…
Read More →
Breaking News

Nationwide House Price Index for April 2026 – Thoughts from the Industry

House prices increased by 0.4% between March 2026 and April 2026. This was a weaker rate of monthly growth compared to the previous month (0.9%). Annual growth sat at 3% in April 2026, with this annual rate of growth increasing from 2.2% versus March 2026. The average UK house price now stands at £278,889.  …
Read More →
Breaking News

House price growth remained resilient in April

UK annual house price growth picked up to 3.0% in April, from 2.2% in March House prices were up 0.4% month on month Headlines Apr-26 Mar-26 Monthly Index* 554.8 552.7 Monthly Change* 0.4% 0.9% Annual Change 3.0% 2.2% Average Price (not seasonally adjusted) £278,880 £277,186 * Seasonally adjusted figure (note that monthly % changes are…
Read More →
Breaking News

Homeowners shift mortgage strategy amid economic uncertainty

Middle East conflict prompts Brits to rethink housing plans 27 per cent of homeowners report overpaying on their mortgage to get ahead of potential future interest rate rises 20 per cent of those remortgaging are looking to lock in a new rate as soon as possible in case of future volatility Barclays Mortgage data shows…
Read More →
Breaking News

Today is the day your rights change: New Renters’ Rights rules now in force for tenants across England

Today marks a major change for tenants across England as the first phase of the Renters’ Rights Act 2025 comes into force, significantly strengthening rights and changing how renting works in practice. From today, the long-standing system of Section 21 ‘no-fault’ evictions ends, meaning tenants can no longer be removed without a specific legal reason.…
Read More →