Simplybiz Mortgages, part of Simplybiz, a subsidiary business of Huddersfield-based Fintel plc, has reported strong growth for 2024 in both its total lending and overall market share.

“These financial metrics, which were recently published as part of Fintel’s FY24 results, show an increase in Simplybiz Mortgages’ market share from 4.50% in 2023 to 4.68% in 2024,” said Fintel.

“There was also a reported rise of 3.72% in Simplybiz Mortgages’ total lending figures, growing from £22.85bn in 2023 to £23.7bn in 2024, demonstrating an outperformance of the overall lending market, which dropped by 0.86% during 2024.”

Simplybiz Mortgages CEO Martin Reynolds said: “We’re pleased to report such positive performance from Simplybiz Mortgages, especially in the midst of a cautious, but recovering, market. 

“The whole team works hard to ensure we listen to feedback from our members and provide solutions that help them deliver the best service to their clients.

“This year-on-year growth is indicative of our position at the forefront of the sector, and our objective of delivering better financial outcomes to all.”