Brokers are working extra hours including sacrificing their bank holiday weekends in order to research the latest mortgage deals rates, according to research from Abbey for Intermediaries.
Data collected from the lender's new intermediary website shows on average around 1,300 brokers go online during a normal weekend to check the latest mortgage rates, submit an application or to monitor progress on existing applications. The busiest times over a weekend are traditionally Saturdays although Sundays also bring in a fair share, with on average over 300 brokers logging-in. The lender said bank holidays were proving no exception to the rule, adding that over the Easter weekend, more than 2,000 intermediaries checked in online, while the recent May bank holiday saw more than 500...
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