£2.3bn
£XX.Xbn
31,396
5,593
£X.Xbn
Mortgage broker revenue is anticipated to increase at a compound annual rate of 0.8% over the five years through 2024-25 to £1.9 billion, including estimated growth of . Growth has been driven by rising residential property transactions stimulated by government initiatives and rising house prices. However, mortgage brokers have faced numerous challenges, including downward pricing pressures from upstream lenders and a sharp downturn in the housing market as rising mortgage rates ramped up the cost of borrowing.
Industry revenue has grown at a CAGR of 4.5 % over the past five years, to reach an estimated £2.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
London & Country Mortgages Ltd | 56.4 | |
SPF Private Clients Ltd | 38.2 | |
Knight Frank Finance LLP | 11.8 |
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Industry revenue is measured across several distinct product and services lines, including Mortgages, Insurance and other protection products and Other. Mortgages is the largest segment of the Mortgage Brokers in the UK.
Lower borrowing costs aid demand for mortgages
Mortgage brokers act on behalf of lenders, primarily helping borrowers arrange mortgage finance for both residential and investment real estate purposes and refinance existing mortgages. Brokers receive commissions on loans arranged for lenders and may charge fees for their services.
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SIC 66.12 - Mortgage Brokers in the UK
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Including values and annual change:
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Key data sources in the UK include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Mortgage Brokers in the UK industry in United Kingdom is £2.3bn in 2024.
There are 5,593 businesses in the Mortgage Brokers in the UK industry in United Kingdom, which has grown at a CAGR of 0.8 % between 2019 and 2024.
The market size of the Mortgage Brokers in the UK industry in United Kingdom has been growing at a CAGR of 4.5 % between 2019 and 2024.
Over the next five years, the Mortgage Brokers in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Mortgage Brokers market in United Kingdom are London & Country Mortgages Ltd, SPF Private Clients Ltd and Knight Frank Finance LLP
Mortgages and Insurance and other protection products are part of the Mortgage Brokers in the UK industry.
The company holding the most market share in United Kingdom is London & Country Mortgages Ltd.
The level of competition is high and increasing in the Mortgage Brokers in the UK industry in United Kingdom.