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Broker set for increase in mortgage enquiries

  • 06/06/2002
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Niche lender Verso is urging intermediaries to be prepared for increased mortgage business enquiries...

Niche lender Verso is urging intermediaries to be prepared for increased mortgage business enquiries as the Bank of England’s Monetary Policy Committee has sent out clear signals of a rise in base rate. Eddie Smith, director of business development at Verso, said: ‘Although any rises are likely to be modest at the outset, they could cause a flood of enquiries into advisers, as buyers and those wishing to remortgage rush to pin down a fixed or capped rate as a hedge against future rises.’


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