Together has reported underlying profit before tax of £216.1m, up more than seven times on the prior year.
The group, based in Cheadle, Greater Manchester, published its annual results for the year to June 30th 2025.
Founded in 1974, the business provides commercial and personal finance including residential, commercial and buy-to-let mortgages, bridging loans, auction finance and development funding.
Richard Rowntree, group chief executive officer, said: “Together delivered another strong performance during the year with the loan book reaching a new high of £7.9bn, net interest margin remaining highly attractive at 5.5%, and underlying profit before tax up 7% on last year.
“We continued to build on our past success to take the business to the next level, launching our refreshed strategy, progressing our lending system and data platform transformation programme into the build and test phase and strengthening and diversifying our executive management team and board.
“We also raised or refinanced over £5bn of funding facilities to support our long-term growth ambitions.”
Highlights of the year included significant appointments across the leadership team, with Chris Adams promoted to chief financial officer, John Barker promoted to chief executive officer of personal finance, and senior hires including Candice Lott as chief marketing officer, Dave Sutherland as chief operating officer, and Cheryl Brough as chief people officer.
The group also welcomed retail veteran Andy Higginson to its board as a non-executive director.
The business was also included in the Financial Times Europe’s Long-Term Growth Champions 2025 and received several industry accolades, being named Specialist RMBS Issuer of the Year at the Global Capital European Securitisation Awards, winning Best Use of AI and Automation at the CCA Global Excellence Awards, and securing Outstanding Team – Financial Services Sector at the Chartered Institute of Audit & Risk Awards.
Together also retained its Silver accreditation with Investors in People in September 2025.
Rowntree continued: “The outlook for the UK economy is mixed, with expectations of further interest rate cuts offset by global economic uncertainty, continued trade disruption and a weaker jobs market.
“However, with changing working patterns, a rise in multiple incomes and other long-term structural trends supporting an increase in demand within our market, we remain cautiously optimistic and are well positioned to continue to help customers realise their property ambitions, as we have for more than 50 years.”
