Mortgage network Pink completed 2,255 mortgages in July, with a total value of over £338 million.

This amount exceeds the previous best figures set in 2007, achieved with a similar number of advisers and significantly fewer Pink staff, and in a lending market which is half the size now than it was then.

Pink claimed this success was due to the “persistence” of advisers who have stayed loyal to Pink along with the quality of advisers who have joined Pink to replace those that have moved out of the industry.

Mark Graves, director of Pink network, said: “We are fortunate at Pink to have such a strong group of people who are committed to making this industry their long term career. The bedrock of our network is those advisers with ambitions to build their firms either through their own sales ability or through building a team; our strategy is to support them in their ambition.

“These results are a direct benefit of Pink focusing on road shows and workshops support over the last couple of years. Most Pink ARs work either on a referral basis or have quality introducers who are vetted by Pink.

“This record is not an accident, it is an accumulation of advisers working hard, keeping focused and following a laid down sales process; as a network it is not good enough just to be a supplier of products and admin services.

“Being proactive in support and working with our ARs to help them to drive their businesses forwards is why we have passed 2007 levels from a market lending nowhere near the volumes it did six years ago and I suspect it is only the beginning in a continuous line of record breaking achievements within Pink.”