Distributors Sesame and PMS have secured a £3.2bn increase on the same period last year.
SBG’s John Cupis, managing director, mortgages, said: “With the excellent support of our adviser and lender partners, SBG’s mortgage proposition goes from strength to strength. Our strategy is clear and on track to drive more from every mortgage sale, so that customers get great value products and services from PMS and Sesame advisers.”
Cupis attributed double-digit growth in H1 to the investment made in the mortgage proposition.
“We have secured more exclusives and bolstered our protection and general insurance offerings in 2013. SBG’s new mortgage valuations, specialist lending and legal services are also attracting great support from advisers and lenders with record growth in all areas,” he added.
Cupis added the buoyant mortgage market and record number of advisers joining SBG adviser numbers were key to SBG’s success.
“We are confident these encouraging mortgage results will continue into the second half of this year.”
Legal & General’s mortgage distributors, including the Mortgage Club and Network facilitated £11bn of mortgage lending completions, not applications in H1, £2bn more than H1 2012.
This gave it a 27% share of the intermediated mortgage market, against 25% in its 2012 full year results.
