Market Monetary Options mortgage e book has surpassed the lender’s £2bn goal, reaching a worth of £2.4bn.
The specialist lender’s mortgage e book broke the £1bn mark in early 2023 and has greater than doubled in measurement in time since.
Having loved a busy begin to 2025, Market Monetary Options has set new targets, now aiming to develop its mortgage e book to £3.5bn by the tip of this yr.
Market Monetary Options added buy-to-let (BTL) mortgages to its vary of bridging loans in January 2022 and launched its new Bridge Fusion merchandise in June 2024. The Fusion vary is a hybrid of a bridging mortgage and a longer-term BTL mortgage and has attracted important demand inside its first yr.
The lender has additionally considerably elevated its headcount in recent times and lately introduced a raft of promotions throughout the group, with 54 members of workers lately taking over new roles and duties.
Commenting on the mortgage e book achievement Market Monetary Options chief govt Paresh Raja stated: “That we have now smashed previous our £2bn goal is a testomony to the experience and ethos of our group, the energy of our funding strains, and the market demand for our revolutionary, versatile monetary merchandise.
“This milestone displays not simply the expansion of our mortgage e book but in addition the numerous enlargement of our group, which now exceeds 150 proficient and hard-working people.
He added: “I’m excited to see what the following 12 months will maintain as we work in direction of our subsequent purpose of a £3.5bn mortgage e book by year-end.”