Summary
MORTGAGE brokers expect the market to remain buoyant in the next year, but most of the business will be from remortgages rather than new loans, adding weight to fears that the housing market may be stalling.
A survey of brokers, who account for 40 per cent of the mortgage market, found that 74 per cent thought they would sell more home loans in a year's time. That compared with 64 per cent a year ago. The most confident were those in the south of England, according to the quarterly Mortgage Intermediaries Survey published today by market information group Taylor Nelson Sofres.See the full content of this document
Extract
Brokers Say Remortgages Will Beat New Home Loans
Sharon Rees, an executive at TNS, said m...
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