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News Tag: brokers

July 30, 2010

90% of leading mortgage products available direct

by Gill Montia
Nine out of ten leading mortgage products are available direct from lenders, moneysupermarket.com has reported. The comparison website suggests that the financial turmoil of the last couple of years has turned the UK mortgage market on its head and that the days when mortgage brokers had the pick of the best deals are gone. The firm's head of banking, Kevin Mountford, comments: ...

November 12, 2009

Mortgage broker loan availability steadies

by Gill Montia
The November TrigoldCrystal Product Index shows that in the three months to the end of October, the number of home loans available to brokers has stabilised. TrigoldCrystal provides sourcing software to the mortgage intermediary market, with over 70% of intermediaries using its Prospector system. According to the firm, the average number of mortgage products for brokers rose by 7%, to 2,203, in October ...

September 8, 2009

Mortgage brokers detect signs of stabilisation

by Gill Montia
Despite a fall of 78% over the year to the end of August, the number of home loans available to mortgage brokers remained stable last month. So says mortgage advice website, Mortgage Brain, in its monthly review of the market. The firm detected an 0.2% rise in the number of products available to brokers, representing five new loans. Fixed-rate products remained the most abundant, ...