28 July 2026 - 517p
The UK property finance group has issued a positive trading update covering the six month period to 30 June despite challenging market conditions. Subdued consumer confidence and uncertainty about interest rates ensured that the mortgage market was more complex than normal, although company increased its mortgage completions by 16% to £16.5bn. Group revenue for the period therefore increased by 8% to £160m and the company increased its market share of new mortgage lending to 8.3% from 8.2% over the five months to 31 May. Adjusted pre-tax profits for the first half are . . .
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