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Growing positivity in mortgage adviser community – First Complete

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  • 15/05/2013
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Growing positivity in mortgage adviser community – First Complete
Positivity in the broker market has increased dramatically since the start of the year, research by First Complete has found.

The network reported that 61% of its mortgage and protection advisers were feeling more positive about the market than they did three months ago. This compares with just 29% who felt that way at the start of the year.

Two-thirds of brokers said that they expect to write more business during the next three months than current levels.

Almost half (47%) of those surveyed felt that the government’s Help to Buy programme would have a positive effect on the mortgage market although 38% said that it would fail to deliver the required boost to the market.

Toni Smith, sales operations director of First Complete, said: “The percentage of advisers feeling positive about their businesses has more than doubled, while the numbers who expect to write more business over next three months has increased by 50%.

“In real terms the numbers who say they feel more positive has gone up almost four fold. Only time will tell the success of the Help to Buy scheme, but it’s clearly something that divides opinion.

“However, if all it does is increase consumer confidence that has to be a good thing and it will be interesting to monitor how consumer sentiment has changed three months from now.”

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