Together reports further loan book growth

Cheadle-based property lender, Together, has revealed further growth in its results for the quarter ended March 31st 2026.

Average monthly lending for the business was up 24.9% on the same period last year, to top £309.9 million. Its group loan book also grew to £8.4 billion, up 2.6% on the previous quarter.

Richard Rowntree, Group Chief Executive Officer of Together, said:

“We are pleased to report that we have maintained our positive momentum during the quarter, as we delivered record results and made good progress with our transformation agenda.

“Record originations drove our loan book to a new high of £8.4bn, while underlying net interest margin remained attractive at 5.4% and we increased underlying profit before tax to £60.8m. Our new technology and data platform is progressing at pace, we have continued to enhance our operational capabilities, and our head office transformation is well on track to be completed during the summer. We have also further strengthened our Board and leadership team with strategic appointments and maintained our funding momentum during the quarter.

“Looking ahead despite ongoing macroeconomic pressures, including the conflict in Iran, and pockets of market uncertainty, the structural drivers underpinning specialist property finance remain compelling and we are seeing a continued flight to quality. With our scale, track record and resilience, Together remains well placed to support our customers in achieving their property ambitions and to generate long-term value for all our stakeholders.”

Alongside its financial performance, the business also reported good progress against its Optimise/Invest/Grow strategic plan, highlighting its ongoing technology and data platform transformation, as well as construction work on its head office at Cheadle Royal which is on course to complete later this year.