Affordability based calculations help brokers write more business research published today claims.
A survey of mortgage brokers conducted by Alliance & Leicester has found 58% of mortgage brokers believe affordability based decisions enhance their client’s confidence in their ability to afford to pay for a mortgage. Nearly a third of the same group of brokers (30%) say it also enhances their confidence in lenders. Online capability is high on brokers’ agenda as thee in four (75%) say getting a lending decision online is one of the most important elements of an effective lending decision. Two-thirds (67%) of brokers say this offers the ability to offer greater flexibility and higher l...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
