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(Sharecast News) - Fintel reported continued growth in its mortgage distribution arm on Thursday, as Simplybiz Mortgages increased both lending volumes and market share in 2025, outperforming the wider market.
The AIM-traded financial services group said Simplybiz Mortgages delivered record lending of 28.4bn in 2025, up 19.8% from 23.7bn in 2024, reflecting strong performance across purchase, remortgage and product transfer segments.
It said the business also expanded its market share to 4.74%, from 4.68% a year earlier, according to metrics included in Fintel's full-year results.
The company said the growth demonstrated outperformance versus the broader lending market, supported by continued investment in adviser support and technology solutions.
It added that adoption of its mortgage technology offering, including its partnership with Mortgage Brain, had continued to increase into the second year of the collaboration.
"We're pleased to report another year of strong performance from Simplybiz Mortgages in 2025, with a record level of lending following significant growth in 2024," said Martin Reynolds, chief executive of Simplybiz Mortgages.
"This reflects the continued focus of the team on listening closely to member feedback and delivering solutions that help advisers provide the best possible service to their clients.
"We have also strengthened the distribution of our technology support solutions, with growing adoption of - and positive feedback on - Mortgage Brain as we enter the second year of our partnership.
"Our sustained year-on-year growth underlines Simplybiz Mortgages' position at the forefront of the sector and is indicative of our objective of helping advisers deliver better financial outcomes for their clients."
At 1306 BST, shares in Thor Explorations were up 4.32% at 80.33p.
Reporting by Josh White for Sharecast.com.
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