Lenders and consumers are agreeing an increasing number of
Figures from the Intermediary
And IMLA members are forecasting a further increase in remortgaging activity of two per cent in future months, according to the body’s latest poll.
“With home buying activity currently depressed and many fixed-rate and discounted deals up for renewal, there has been an increase in remortgaging business,” IMLA’s executive director Peter Williams said.
The housing market is currently “rebalancing”, Mr Williams added, but warned that not all homeowners will find it easy in the current market to agree a
Editor of Homebuilding.co.uk Jason Orme said that there are plenty of
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