Just over half of mortgage intermediaries believe they will be selling more mortgages in the next 12 months compared with more than three-quarters (77%) a year ago, according to research published today.
The findings, published by independent financial market research firm TNS, Financial, reveal intermediaries feel the popularity to fixed rate mortgages is likely to decline over the coming three months with base rate trackers becoming increasingly popular over the same period. The research also suggests a decline in the proportion of customers purchasing a second property as a buy-to-let investment. Only 12% of intermediaries say they are now arranging this type of mortgage compared with 18% six months ago. TNS says this reflects growing uncertainty about future interest rate rises and t...
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