Fintel Reports H1 Growth as Mortgage Revenue Rises 10% to £2.2m

Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Fintel Reports H1 Growth as Mortgage Revenue Rises 10% to £2.2m

Fintel's interim mortgage revenue rose 10% year-on-year to £2.2m, outpacing growth across its wider services division. Services revenue rose from £18.3m to £18.4m over the same period, with mortgage revenue recording considerably stronger growth.

Intermediated markets 'significant potential'

The company's interim report highlighted the "potential" of "highly intermediated markets such as mortgages and protection", adding that "technology, data and adviser support" are crucial to improving outcomes for consumers, advisers and providers. Protection was identified as one of Fintel's key intermediary markets, although protection and insurance revenue remained flat year-on-year at £2.2m.

Fintel said its services division serves more than 18,000 advisers, wealth managers and mortgage and protection specialists, including the intermediary firms at the heart of the UK's buy-to-let and residential mortgage markets.

Omnicore platform launch

During the period, the group also launched its Omnicore distribution platform, which it said was designed to expand its distribution and mortgage propositions in strategically important markets.

CEO comments

Matt Timmins, CEO of Fintel, said the company delivered "a strong first half performance, with organic growth across our core businesses, continued expansion of recurring revenues and a 16.6% increase in EBITDA from continuing operations". He noted that the resulting incremental margin of over 90% demonstrates the strength of the firm's operating model, operational gearing and the benefits of recent acquisitions being integrated across the group.

Timmins added that with a growing base of recurring revenues, enhanced proprietary data assets, expanding technology capabilities and increasing participation across adviser and provider value chains, Fintel is "well-positioned to deliver sustainable long-term growth". He said current trading remains in line with board expectations and the group remains confident in delivering further strategic and financial progress in 2026.

For UK letting agents and inventory clerks working alongside mortgage and protection intermediaries, the results point to continued investment in adviser support, technology and data across the markets that underpin rental transactions. Fintel's emphasis on technology and data in highly intermediated markets suggests ongoing development of the infrastructure used by advisers, wealth managers and mortgage and protection specialists.