Brokers should also be using seasonal shifts in the weather as a prime opportunity to check their clients are appropriately covered, should they be affected by flooding.
Borrowers with extended terms are far more likely to find themselves with borrowing which extends into retirement
GDPR’s implementation is also likely to impact how intermediaries can generate new business.
The Bank is expected to serve up, at the very least, a rise up to 0.75%.
Self build homes and conversions are ever more popular, but finding the finance for them is unlikely to become a regular part of what most brokers do, rather it is something a broker may be faced with once every few months at most.
The positive claim statistics emanating from life companies and passed on to potential clients is bound to have had an effect on consumer confidence.
IMLA said that falling inflation will underpin sentiment despite Brexit uncertainty but warned the market continues to be challenged by a combination of a shortage of properties, very low levels of turnover and obstacles to both first-time buyers and “second-steppers”.
The intermediary lender has simplified its process for brokers to speed up arranging a product transfer and enable access to a client’s offer, which is valid for 90 days.
Areas where residential gardens account for 30% or more of the total landscape, have an average price tag of £343,344, higher than the average of £242,286 in England.
Paradigm firms will be able to use Furness’s products, which include mainstream residential and a range of buy-to-let options.