Average monthly lending in the quarter of £300.6m was up 6.1% on the same quarter in the previous year and 11% higher than in Q1.
The rise in lending has driven the value of the specialist lender’s loan book up to £8.1bn, a record high and an increase of 5.6% on Q2 2025.
In other results, the group reported underlying profit before tax of £59.3m, up 6.5% on the previous year as the lender continues to grow its loan book while focusing on cost control.
Loans in arrears, meanwhile, continued to improve at 5.2% of the book compared to 5.5% in the previous quarter and 5.7% in Q2 2025.
In December, the last month of the group’s Q2 reporting period, Together completed the £200m Genesis private warehouse facility for bridging and term loans, and refinanced the Highfield warehouse facility and extended its maturity.
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Richard Rowntree (pictured), group chief executive, said: “We are pleased to report another strong quarter, with robust originations driving our loan book to a new high, supported by an attractive net interest margin and a continued increase in underlying profit before tax.
“We continued to execute our strategic plan at pace, advancing our transformation programme, enhancing our board and maintaining our funding momentum, demonstrating both the strength of our platform and the confidence of our partners. I am equally proud that our team’s expertise and commitment were recognised through several industry awards, reflecting our focus on supporting our customers and delivering sustainable growth.
“Looking ahead, while we remain mindful of the ongoing economic headwinds facing the UK, with a successful 52-year track record and strong structural demand in our market, we are well-positioned to help customers achieve their property ambitions and create long-term value for our stakeholders.”
Earlier this month, the lender established a large loan lending unit to offer a concierge-style service for loans to personal and commercial borrowers of over £1m.
