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Mortgage brokers not so gloomy

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10-14-2008, 01:47 AM

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Mortgage brokers not so gloomy

Prior to today’s part nationalisation of RBS, HBOS and Lloyds TSB, the Intermediary Mortgages Lenders’ Association (IMLA) had reported a slight improvement in its members’ expectations. According to an IMLA poll of 486 intermediaries, mortgage brokers expect volumes to decline by 2.3% for first-time buyers over the next two months. In the case of remortgagers, volume is [...]

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