Broker confidence and cases handled significantly up: Imla
By Rebekah Commane 17
th May 2021 9:47 am
Confidence in the mortgage industry among brokers and the number of cases they handle both rose significantly in the first quarter of this year.
Research from the Intermediary Mortgage Lenders Association (Imla) found that 96% of mortgage intermediaries are confident in the industry’s future, with 97% confident about the intermediary sector. As many as 99% saw a positive outlook for their own business.
The trade association’s latest report also recorded a 14% increase in the average annual number of cases handled by individual intermediaries between Q4 2020 (78) and Q1 2021 (89).