Mortgage Advice Bureau has shared plans to double market share and revenue this year and is considering a move to the FTSE-250.

The broking business, which is currently listed on the Alternative Investment Market, laid out its ambitious growth targets in a trading update today.

By moving its listing to the main market, MAB says it hopes to access a broader range of investors and enhance the group’s profile.

It comes ahead of a so-called “capital markets day”, which it is holding tomorrow afternoon, to give potential investors and shareholders more detail on its strategy.

The mortgage advisory group is to set out new criteria for allocating capital to shareholders and expects its dividend to be the same or higher than what it paid last year.

Founder and chief executive Peter Brodnicki says: “MAB has been listed on the London Stock Exchange for just over a decade. In that time, we have grown a market-leading, specialist network for mortgage advisers whilst delivering positive returns for our shareholders.

“2025 sees the start of the next stage of our journey with today’s commitments to grow the business significantly over the medium term for the benefit of our shareholders and other stakeholders.”