Connells Group, the UK’s leading estate agency and property services provider, is today celebrating a year of growth and success, delivering profits before tax of over £60 million, marking a solid increase in profitability from the previous year. The company’s strong performance has generated and delivered outstanding results that reflect its growing position in the property market.
The Lender Services division incorporating its surveying, mortgage and asset management businesses, had many highlights in 2024 including:
- Delivering over 0.5 million RICS valuation and survey reports, enabling homebuyers to complete their property transactions – underlining the Group’s lead role in the property sector.
- A strong focus on building awareness of the importance of instructing a property survey for all customers purchasing homes.
- Total mortgages across all the Groups distribution channels exceeding £31 billion.
- Helping thousands of first-time buyers take their first steps onto the property ladder.
- A major restructuring of its Network and Club businesses to create distinct divisions: Network (Mortgage Intelligence), Club (Next Intelligence), and Specialist Broker (Dynamo), enabling the Group to better serve our broker customer’s needs.
Adrian Scott, Group Lender Services Managing Director, commented: “2024 has been an excellent year for Lender Services at Connells Group, driven by our ongoing focus on delivering a quality service and our commitment to meeting the needs of all our customers, including lenders, brokers, and borrowers. Looking ahead, we are investing heavily in our technology, our use of data and our ways of working in support of meeting our customers constantly evolving needs more efficiently and effectively.”
