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.
The Mortgage Brain Reports 21% Turnover Growth, Reaching £8m
The Mortgage Brain has reported a turnover of just over £8 million for the financial year ending in June 2026. This represents a growth of more than 21% compared to its previous record turnover of £6.6 million last year.
The company stated it is on target to arrange £1.5 billion worth of mortgages in 2026. The Mortgage Brain attributed its growth to a change in strategy for its protection and general insurance divisions. Previously, mortgage brokers at the firm handled mortgages, protection, and home insurance. The company has now adopted a specialist model, with mortgage brokers focusing solely on mortgage advice and performance, while dedicated teams manage protection and general insurance.
According to the report, The Mortgage Brain now has an 18-strong team of protection specialists and eight general insurance advisers. The company said this specialisation has improved client outcomes and driven substantial growth in its protection and general insurance income.
The Mortgage Brain has set a target of reaching £12 million in turnover by June 2028.
For UK letting agents and inventory clerks, these developments highlight ongoing changes in the mortgage and insurance landscape, with increased specialisation potentially impacting the way property-related financial services are delivered.
Source: Mortgage Solutions