Mortgage packager market estimated at £30bn

This estimate is based on “feedback” from discussions with a number of packagers, although exact sales figures TMB may have been privy to are not being released. The point is being made these estimates and the growth seen since M-Day come in the face of views expressed at the time new rules would affect the ability to conduct such business. Nigel Payne, managing director at TMB, said: “It is well documented that many industry figures predicted the demise of the packager market following regulation." Despite the growth seen it is not clear just how the market will shake out given th...