Britain’s baby-boomer generation can convert the equity tied up in their homes into a cash lump sum, thanks to the lifetime mortgages offered by this company. The Yorkshire-based broker says it helps customers — who must be aged 60 or over — free up funds for their retirement, offering fixed interest rates for life on its mortgage packages. Serial entrepreneur Andrew Thirkill, 59, founded Pure Retirement in 2013, appointing the industry veteran Paul Carter, 57, chief executive. Turnover hit £21.1m last year, made up primarily of interest but also some administration fees. Its profit margin of 36% is one of the highest in the Fast Track 100.

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Company details
Year2018
Rank34
CompanyPure Retirement
ActivitySpecialist mortgage broker
LocationLeeds
Annual sales rise over 3 years77.17%
Latest sales £000s21,055
Staff52
Founded2013
Websitewww.pureretirement.co.uk

If applicable:

* supplied by company † annualised figure