Capricorn is set to significantly increase its mortgage lending to £4.5 billion this year, driven by a surge in adviser recruitment and the opening of a new office in Mayfair. This expansion reflects the group’s commitment to enhancing its services in the mortgage and property finance sectors, impacting borrowers and brokers alike.
How Has Capricorn Expanded Its Adviser Network?
Capricorn has successfully recruited more than 25 advisers since April 2026, bringing its total to over 75 advisers. This growth is part of a broader strategy to strengthen its advisory services in mortgages, insurance, and property finance. The increase in adviser numbers is expected to improve client service and support, making it easier for borrowers to navigate the mortgage market.
What Are the Implications of the New Mayfair Office?
To support its growing workforce, Capricorn opened a new office at 66 Grosvenor Street in Mayfair. Currently, 14 employees are based there, with plans to increase this number to around 20 in the coming weeks. This new location not only enhances Capricorn’s presence in a prestigious area but also positions the company to better serve its clients and introducers, particularly those seeking high-value mortgage solutions.
What This Means for Borrowers in the Mortgage Market
For borrowers, Capricorn’s ambitious lending target of £4.5 billion indicates a robust market for mortgage products, especially as the company invests in technology and infrastructure to support its advisers. The development of platforms like Smartr365 aims to streamline the mortgage application process, making it more efficient for clients. Brokers can expect to benefit from a larger pool of advisers and enhanced support systems, which may lead to more competitive mortgage offerings and improved client experiences.
What Should We Watch for Next in Mortgage Lending?
As Capricorn continues to grow, stakeholders in the mortgage sector should monitor how the company’s expansion impacts the overall lending market. The integration of technology in their services, particularly through Smartr365, will be important in determining how effectively they can meet the needs of borrowers and brokers. Additionally, the performance of the new Mayfair office and its contribution to Capricorn’s lending goals will be key indicators of the group’s future success in the competitive mortgage market.
Frequently asked questions
What types of services does Capricorn offer?
Capricorn provides a range of services, including mortgages, insurance, and wider property-based finance solutions, catering to various client needs.
How does Capricorn’s growth affect the mortgage market?
The growth of Capricorn, with its increased adviser numbers and lending targets, is likely to enhance competition in the mortgage market, potentially leading to better options for borrowers.
