PMS reports double-digit growth in mortgages and protection

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PMS Mortgage Club says it is on course for its strongest performance in five years after recording higher lending, mortgage completion and protection volumes during the first half of 2026.

The Sesame Bankhall Group business completed more than 100,000 mortgages between January and June, an increase of 23% compared with the same period of 2025.

Total lending volumes were up 21% year on year, while protection annual premium equivalent business increased by 12%.

PMS supports more than 8,000 advisers and provides member firms with access to more than 100 lenders, alongside protection providers, technology, data tools, training and development programmes.

PROTECTION BUSINESS EXPANDS

The club said the rise in protection volumes reflected advisers holding wider conversations with clients about areas including income, lifestyle and family protection needs alongside their mortgage requirements.

Claire Cherrington (pictured), director of PMS and Bankhall, said: “The first half of 2026 has been a strong period for PMS, with growth across lending, mortgage completions and protection business.

“These results reflect the progress and success of PMS firms, supported by the access, insight and expertise that come from being part of one of the UK’s largest mortgage clubs.

“Our scale allows us to build deep relationships with lenders and providers, secure access to a broad range of propositions and invest in the tools and support firms need to operate efficiently and serve more of their clients’ needs.

“While market conditions continue to evolve, our focus remains on helping firms make the most of the opportunities in front of them, write quality business and deliver comprehensive advice across mortgages and protection.”

PMS said it would continue investing in its proposition for directly authorised firms as they respond to changing mortgage market conditions and seek to broaden their sources of business.

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