IMLA
Mortgage brokers tightened their grip on the remortgage and home mover markets against direct channels in Q1, according to FSA and CML figures.
The housing trade bodies have given their response to the key announcements outlined by the Chancellor George Osborne in the Budget today.
It is not often that the FSA receives praise, but I believe it has taken a step in the right direction with its distribution and disclosure consultation paper.
Other IMLA articles
Robert Sinclair, director of the Association of Mortgage Intermediaries (AMI), says the market is starting to rejuvenate after thousands of brokers were forced out during the past two years.
Brokers are still the first port of call for borrowers as mortgage lending via intermediaries rose to 62% of all property finance in Q1 this year.
The Intermediary Mortgage Lenders Association (IMLA) has formed a cross industry Mortgage Funding group aimed at restoring mortgage market liquidity.
Despite the increased focus by some lenders on direct distribution, intermediaries continue to dominate mortgage lending, according to IMLA.
Brokers expect to handle slightly more business for first-time buyers and home movers over the next two months, according to the latest research from the Intermediary Mortgage Lenders Association (IMLA).
The number of brokers operating in the intermediary mortgage market has further to shrink, according to the latest member survey from the Intermediary Mortgage Lenders Association (IMLA).
Three in four intermediary lenders believe the wholesale loan and securitisation markets will be back in action by 2011, according to research.
The Intermediary Mortgage Lenders Association (IMLA) has refuted suggestions by the Association of Mortgage Intermediaries (AMI) that advisers may account for just 45% of the market in 2009.
Almost half of mortgage intermediaries believe they have a role to play in helping borrowers that are struggling with arrears and possessions, according to the Intermediary Mortgage Lenders Association (IMLA).
Mortgage lenders have embraced the Financial Services Association’s (FSA) treating customers fairly (Tcf) initiative but brokers have some way to go, the Intermediary Mortgage Lender’s Association (Imla) has said.
Previous Next 
Most read articles
Most commented articles
Viewpoints
At the start of one of busiest times of year it is easy to think about all the obvious things...
In Focus
Transferring clients’ assets between organisations can be a major headache – often time...
Latest jobs
£25k - £30k + Excellent Bonus: Drew Chapman Search and Selection: Excellent opportunity for a part qualified IFA Sales Support Administrator looking for a position whereby they can assume further responsibility London
Coffee Lounge
Not only is there a huge selection of games but why not try your hand at our Daily Sudoku
The 50 best apps for advisers (part two)
FSA cautions on platform shareholdings
Advisers face extra FSCS bill for £13m CfD failure
RBS pays out £500k after mis-selling annuity to dying man
Group risk set to boom with auto-enrolment