A further 31% believe they will maintain their business levels at the same level, while 24% expect their turnover to fall.
Lee Farringdon, director of Amber Mortgage Solutions, said that the mortgage market is beginning to see positive growth, which should help brokers’ businesses.
He said: “There is a lot going right in the market. First-time buyers are now more aware that they need a deposit of between 10-15% if they want to take out a mortgage and many lenders have become more flexible over higher LTVs.
“We have also seen Northern Rock giving the likes of BM Solutions and TMW a run for their money in the buy-to-let scene.”
He added that investors seem increasingly keen on the mortgage market, despite trouble in the euro markets: “The general feeling is that the curve is on the upwards slant, which is why so many brokers are expecting their businesses to do well in H2.”
However, Farringdon said that consumers shopping online for mortgages is impacting upon broker business.
He added: “At the same time, I think that the brokers who are not getting the business are the ones who are not putting themselves out there to get it.
“They need to be more active and advertise themselves more to consumers to have a chance of boosting their business by the end of the year.”
