Mortgage Advice Bureau (Holdings) (GB:MAB1) has released an update.
Mortgage Advice Bureau (Holdings) plc reports a resilient performance with a 5% increase in revenue and mortgage completions in the first half of 2024, despite a forecasted downturn in gross lending. The company, trading as MAB1 on AIM, is optimistic about further growth, banking on a future reduction in base rates to stimulate market activity and refinance demand. CEO Peter Brodnicki highlights MAB’s market share growth and ongoing investments in technology to enhance lead generation and adviser productivity, with expectations of a stronger second half of the year and a promising 2025.
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