57% of advisers feel ‘very confident’ on business outlook, but confidence in the wider mortgage market dips.
57% of advisers feel ‘very confident’ on business outlook, but confidence in the wider mortgage market dips.
The number of mortgages in arrears continued to fall in Q4, marking the seventh consecutive quarter of contraction.
The rate on newly-drawn mortgages continues to fall, which could boost buyer confidence in the Spring.
Prior to joining Pivotal Growth, David was CEO of Pink Home Loans, director of mortgage services for LSL, and director at TMA.
The Society has pledged to place broker relationships 'at the heart of growth plans'.
He brings over 30 years of experience to the role, with previous stints at Recognise Bank and Hodge Bank.
Continued improvement in affordability is helping to drive first-time buyer activity.
The firm says the mortgage industry must be proactive in addressing succession planning and workforce renewal.
The new proposition allows eligible first-time buyers to borrow up to 98% LTV, with a minimum deposit of £10,000.
Lifetime mortgage activity dipped but retirement interest-only lending rose 13% compared to the same quarter a year earlier.
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