Rightmove says it has increased mortgage leads to lenders and brokers by 150% in the past year.
The property website recorded revenue of around £390m in the four months to the end of October, according to trading updates. 
“Our strategic growth areas, including mortgage lending, commercial real estate and rental services, continue to perform in line with our expectations,” the update said.
“In the mortgage space, we are delivering over 150% more leads to our lenders and intermediary partners year-on-year, and we recently launched a remortgage product within Real Estate Tracking, delivering further leads to our intermediary partners. We support customer implementation.”
The property tracking feature allows homeowners to monitor the estimated value of up to 10 properties.
If a property owner chooses to share their mortgage information, they will have access to a mortgage recalculator, as well as the option to contact Rightmove's brokerage partners and generate leads for their advisors. It will be.
CEO Johan Svanström said: “This is another period of strong progress for Lightmove, and we are pleased to see our product development and commercial offerings gaining increasing acceptance from consumers and partners.
“As a result, we remain confident that we can achieve meaningful strategic and financial growth in 2024.” We believe this will drive revenue growth in strategic growth areas.”
