Mortgage Advice Bureau has moved its listing from AIM to the main market of the London Stock Exchange, marking a significant step in the firm’s growth and maturity.
Shares in the mortgage intermediary began trading under the ticker MAB1 on 1 May with no new shares issued as part of the transition.
The move comes more than a decade after MAB first listed on AIM in 2014 and reflects the scale the business has achieved, alongside its ambitions for further expansion.
MAB has become a key player in the UK homebuying ecosystem, working closely with estate agency networks and property businesses, including relationships with firms such as The Property Finance Group.
HOMEBUYING JOURNEY
Its model centres on embedding mortgage and protection advice within the homebuying journey, helping agents and brokers engage customers earlier and convert more transactions.
The company has also invested heavily in technology, data and artificial intelligence to drive lead generation, improve adviser productivity and broaden its range of services.
This includes using its customer dataset, built over more than 25 years, to identify opportunities across both purchase and refinancing markets.
The shift to the main market is expected to enhance MAB’s profile among institutional investors and could support its longer-term ambition of qualifying for inclusion in the FTSE 250.
TRANSACTION VALUE
The move highlights the growing importance of integrated financial services within estate agency models, as firms look to capture more value from each transaction and navigate a more complex mortgage landscape.
Peter Brodnicki (main picture, inset), Chief Executive Officer at Mortgage Advice Bureau, says: “Admission to the Main Market marks an important milestone in MAB’s development, reflecting the scale, quality, and maturity of the business we have built since joining AIM in 2014.
“MAB’s proposition is underpinned by a proprietary technology platform, with AI increasingly acting as a significant enabler, alongside a unique dataset built over 25 years of customer interactions.”
NATURAL PROGRESSION
He adds: “Together, these capabilities support strong and resilient lead flow across economic cycles, and reinforce our position as a leading, tech-enabled intermediary platform.
“We believe admission to the main market is a natural progression for a business of our scale and ambition, enhancing our profile, with the aim of meeting the criteria for inclusion in the FTSE 250 over time.”
