Mortgage News
Brokers, are building societies taking more of your business?
Building societies are taking a growing piece of the whole mortgage market but does that remain true when looking solely at the intermediary channel?
A report from the BSA showed that gross mortgage lending by building societies and other mutual lenders was £2.9bn in March, a rise of 8% against the same period in 2012.
Building societies and other mutual lenders approved a total of 30,495 mortgages in March, up 12% compared to the 27,260 in the same month last year and up 26% on the 24,294 loans approved in February 2013.
Our latest Mortgage Solutions People’s Poll asks brokers if you have been placing an increasing amount of mortgages through building societies in the last few months?
Click HERE to have your say.