DERBYSHIRE FAMILY BUSINESS MORTGAGE 1ST CONTINUES GROWTH WITH TWO STRATEGIC ACQUISITIONS

Derbyshire-based mortgage brokerage Mortgage 1st has announced the acquisition of two established broker firms as part of its continued expansion across the UK mortgage market.

Led by husband-and-wife team Jon and Lisa Stones, the family-run business has acquired Key Mortgages and Mortgage & Equity Release Advice during 2026, strengthening its position in the residential, specialist and later life lending sectors.

Now in its 18th year, award-winning Mortgage 1st has continued to grow year-on-year and has supported thousands of customers across the UK during that time. The firm has built its reputation on delivering five-star service through efficient operations, expert advice and genuine customer care.

Despite its continued growth, Mortgage 1st says maintaining its people-first culture and family-business values remains central to its long-term vision.

Speaking about the acquisitions, Managing Director Jon Stones said:

“When we look at acquisition opportunities, it’s never just about the numbers. For us, it is about finding businesses that share our values, culture and approach to clients. Both Key Mortgages and Mortgage & Equity Release Advice are fantastic businesses with excellent reputations, and we’re incredibly proud to welcome them into the Mortgage 1st group.”

The acquisition of Key Mortgages followed significant interest from brokerage owners after Mortgage 1st publicly announced its intention to explore mergers and acquisitions. According to the company, more than 50 firms made contact, but Key Mortgages stood out because of its strong cultural fit and established reputation within the shared ownership market.

Key Mortgages will continue to operate under its existing brand within the Mortgage 1st group, with founder Ryan Joyce remaining in the business to continue supporting clients and advisers.

Mortgage & Equity Release Advice will also retain its established brand identity as part of the group, enabling continuity for existing clients and introducer relationships while strengthening Mortgage 1st’s offering within the growing later life lending market.

The latest acquisitions represent another significant milestone for Mortgage 1st, which has continued to grow across the UK while remaining firmly rooted in Derbyshire as an independent, family-run firm. The company’s head office is based in Barlborough, just off Junction 30 of the M1.

Operations Director Lisa Stones added:

“We’re incredibly proud of our team and what we’re building together. We value the respect we have earned within the industry, the loyalty and trust our customers continue to show us, and the culture our team has helped create. Growth is important, but so is protecting the family values, personal approach and customer care that have been at the heart of Mortgage 1st since day one.”

The business says it is continuing to explore further acquisition opportunities throughout 2026 as part of its wider expansion plans.