Broker sub-prime business 'still going strong'

A survey found sub-prime accounts for over 50% of the business volumes of one in every ten brokers, while 40% of brokers say the controversial market accounts for between 10% and 30% of their business. But brokers still feel need more knowledge on obtaining and maximising opportunities from mortgage leads to increase business and cross sales income. A substantial number of brokers did very little sub-prime business, the survey suggests, with 25% saying it accounts for less than 10% of their business, while a further 10% are very active in the sub-prime market, which accounts for more than...