Brokers forecast 5% house price growth in 2010

clock

Almost three quarters of mortgage brokers expect significant UK house price growth in 2010, research suggests.

A total of 74% of the 268 intermediaries surveyed by Platform, the intermediary lender of The Co-operative Bank, say prices are set to rise by anything up to 5% this year. A similar number of intermediaries expect interest rates will rise by a maximum of 0.5 percentage points to 1% by the end of the year, while two thirds (66%) expect 2010 to be a good one for business. Despite the positive outlook, half of those surveyed expressed concern about the availability of funds, while 39% believe dual pricing practices will continue to be a major challenge for the sector. The FSA's Mor...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Industry

PA Awards 2023: Winners' photo gallery from the night!

PA Awards 2023: Winners' photo gallery from the night!

The industry's best were celebrated in a glittering ceremony on 25 April

Professional Adviser
clock 28 April 2023 • 1 min read
Tilney Smith & Williamson sees gross inflows of £4.5bn in nine months

Tilney Smith & Williamson sees gross inflows of £4.5bn in nine months

AuM rises 9.2% to £56bn up to September

Pedro Goncalves
clock 01 November 2021 • 1 min read
Suspicious activity reports by staff at financial firms exceeded one million during 2019-20

Suspicious activity reports by staff at financial firms exceeded one million during 2019-20

FCA data

Georgie Lee
clock 01 November 2021 • 2 min read