A Nightmare on Broker Street



Trying to broker a mortgage case in this era of regulatory and lender scrutiny is almost as frightening as a Freddy Krueger movie, but there is one reason why you should never be afraid, writes Prolific Mortgages managing director Lea Karasavvas.

"Whether you are on a train, walking down the street or in a Marks & Spencer (hang on, we stopped shopping there post credit crunch - make that Tesco), mortgage brokers stick out like sore thumbs. Why? They are the ones with the unsightly bruises on their faces. The ones walking on crutches, or with a plaster cast on their arm. They are hunched over, their posture is all wrong, or they are limping. Long story short, they are the injured amongst us. When the credit crunch hit in early 2008 we looked around and thought: 'some of us are not going to make it', and many didn't. Some of ...

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