Brokers anticipate 65%+ market share by year end
More than four-in-ten mortgage brokers expect the intermediary share of the mortgage market to top 65% by the end of the year.
Lenders’ direct channels are expected to come under increased pressure due to the arrival of the Mortgage Market Review this weekend, with branches unable to deal with as many cases as previously.
“Lenders will struggle to maximise their capacity through branch,” Rickards told the audience in Manchester earlier this month.