Mortgage Advice Bureau (... Share Discussion Threads

[tongosti] 05/11/2020 14:45

Proper breakout fellas

[tongosti] 03/11/2020 16:46

Initiated here today. Odds favour a further advance from existing levels. If not - honour thy stop!

[energeticbacker] 30/9/2020 10:24

Mortgage Advice Bureau showed the usual resilience in its interim results for the six months ending 30 June 2020.

This remains a cracking business, reflected in the very high returns on equity of c40%, excellent cash flow and the relatively high rating given the underlying sector. Quality is generally worth a premium!

More on the Investor's Champion website.

[gsbmba99] 18/6/2019 09:47

Do any of the industry folks have a view of First Mortgage? Am I right in thinking that First Mortgage employing their own advisers represents a shift from MAB's current strategy?

[gsbmba99] 24/5/2019 17:07

Q119 product transfer data shows limited growth by value of product transfers (£39.2bn vs £38.8bn last year) but encouraging that a larger proportion (£22.7bn vs £19.9bn last year) were advised with advised share of value inreasing to 57.9% from 51.3% last year. That's 15.3% growth in the advised value.

[gsbmba99] 21/3/2019 15:53

For 2018 as a whole, product transfers represented 1.196m (of which 52.6% advised) mortgages and £159.6bn (of which 54% advised)in value. Seems like advisory penetration of product transfer market very good considering. New mortgage issuance is about 74% advised from memory. Underlying product transfer stats here -

[gsbmba99] 03/3/2019 16:22

Looks like UK Finance have again altered how they report data. Gross mortgage lending now appears to be part of household finance report with a data series that looks like but doesn't match previously reported numbers. Irritating. Anyway, Jan 19 is supposedly £21.6bn, -1.5% on Jan 18.

[gsbmba99] 25/1/2019 09:47

New UK Finance spreadsheet out - . Dec 18 estimate is £21.1bn vs £20.1bn last year for +4.7%. Full year prelim total is £267.5bn in 2018 vs £257.5bn prior year or +3.9%.

[trytotakeiteasy] 11/12/2018 10:43

Covered here:

cube.investments/mortgage-advice-bureau-mab1-quality-and-income/

[gsbmba99] 27/11/2018 08:15

Belvoir has announced the acquisition of MAB (Gloucester) Limited which is the largest appointed representative firm by number of advisers. When combined with Brook, BLV will have 127 advisers representing >10% of MAB1 reps. "... Belvoir Group has executed a new, long term exclusive agreement with MAB." Improved security for by far the largest rep firm though no mention of any margin impact.

[gsbmba99] 26/11/2018 23:21

The October UK Finance gross mortgage lending spreadsheet was published. Oct 18 was £25.5bn vs £24.2bn last year or +5.6%. YTD through October is £222.4bn vs £213.8bn last year or +4.0%.

[gsbmba99] 24/10/2018 10:45

The September UK Finance gross mortgage lending spreadsheet was published. Sep 18 was £21.5bn vs £21.8bn last year or -1.2%. YTD through September is £197.3bn vs £189.5bn last year or +4.1%.

[chapchip] 08/10/2018 17:38

perhaps they meant short it....as its not got momentum the right way currently

[johnv] 04/10/2018 22:52

Momentum investor,

[trytotakeiteasy] 04/10/2018 14:22

who tipped it?

[johnv] 04/10/2018 13:32

This was tipped in August at 627p , shot up to 740 and now collasping, anybody know why

[gsbmba99] 26/9/2018 14:40

The August UK Finance gross mortgage lending spreadsheet was published. Aug 18 was £24.1bn vs £24.4bn last year or -1.2%. YTD through August is £175.3bn vs £167.7bn last year or +4.5%. These stats exclude product transfers which we learned yesterday were >£50bn in Q1 of this year and currently annualise to £200bn+.

[gsbmba99] 24/8/2018 13:30

The July UK Finance gross mortgage lending spreadsheet was published. Jul 18 was £24.6bn vs £22.9bn last year or +7.6%. YTD through 7 months is £150.8bn vs £143.3bn last year or +5.2%.

[chapchip] 13/8/2018 14:53

where was it tipped ?

[johnv] 13/8/2018 14:37

This got tipped this weekend hence the rise

[gsbmba99] 13/8/2018 07:51

I imagine it's the combination of interest rate rise and not many buyers around in August. LSE have analytics - Page 1, lower left relative strength has fallen through the floor. Seems to happen to MAB1 once or twice a year.

[johnv] 11/8/2018 15:22

Due to the interest rise maybe ?