View more on these topics

Mortgage Advice Bureau acquires Mortgage Talk

Peter Brodnicki 150x125

Mortgage Advice Bureau has acquired the brokerage Mortgage Talk in exchange for shares in the MAB group.

As a result of the deal, MT chairman Peter Birch will join the MAB board as the second largest shareholder. MAB chief executive Peter Brodnicki (pictured) will continue to run the company and will retain a majority stake in the MAB group.

The combined group will have over 500 advisers, with mortgage applications set to top £4.5bn this year.

Brodnicki says: “I am really looking forward to working with the Mortgage Talk directors and management as we look to diversify and expand the MAB group, while retaining the focus on maintaining quality and increasing efficiency.

“The advisers and businesses that work with us are the key to our success, and the strengthening the MAB group can only be good news for them in terms of the support and solutions we can offer.”

Birch says: “I am really excited about the opportunities that the bringing together of two of the largest and best known mortgage intermediaries in the UK creates for everyone associated with Mortgage Talk and MAB.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm