News
POLL: Demand on the up for quarter of brokers
Last week’s Mortgage Solutions poll has shown that a significant minority of brokers are seeing demand for mortgages increasing.
The online poll revealed that 26% of respondents have seen demand rising recently.
However, 39% have reported falling customer interest, while a further 35% said business is staying the same.
The mixed picture for mortgage demand reflects the recent conflicting reports of the Royal Institution of Chartered Surveyors (RICS) and the National Association of Estate Agents (NAEA).
While RICS reported that demand for housing fell for the second consecutive month in July, NAEA figures showed rising demand in the same month.
This week’s question is: Chancellor George Osborne has called the government’s proposed spending cuts ‘fair and progressive’. Do you believe the austerity measures will get the economy back on track in the next five years?
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