LSL financial services division sees record mortgage lending volumes during H1

LSL’s financial services division has registered record mortgage lending volumes during the first half of 2022.

The division, which includes intermediary brands Primis Mortgage Network and TMA, reported a 6% increase in its H1 lending value from £19.3bn in 2021 to £20.5bn in 2022.

It also reported a record H1 market share of 10.1% of new lending, up from 9% in 2021. 

Jon Round, group financial services director at LSL, said: “We are delighted with the continued growth of our intermediary businesses, particularly given the strong market conditions that existed in the first half of 2021.

“Our broker’s focus on looking after their clients, coupled with a buoyant re-mortgage market has delivered further growth in lending volume and market share.

“The second half of the year has also started well with July seeing record mortgage completions.”

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