Mortgage brokers are receiving more applications from customers who have experienced credit problems, as the cost-of-living crisis, much higher interest rates and the financial disruption during Covid start to take their toll. “We’ve already seen an increase in the number of borrowers with missed payments and credit
Since the pandemic the mortgage industry, alongside many others, has moved to a hybrid model of working. Although this model has introduced innovative ways of working, it has also raised challenges. One such challenge for brokers is the inconsistency in underwriting across lenders within the market. It has been