Mortgage brokers see demand pick up

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Mortgage brokers are broadly optimistic about their business prospects for the next 12 months, research from RBS Intermediary Partners (RBS IP) shows.

Out of 132 intermediaries interviewed, more than half (52%) of advisers said they were optimistic about the future, while a quarter (26%) still harboured reservations and remained pessimistic. The research also found that virtually every mortgage adviser's business has suffered to a degree over the past year. Three-quarters (77%) said that their business had suffered a lot and a fifth (20%) said that it had suffered a little. However, the majority of advisers felt the market has turned the corner with 63% believing they have seen the bottom of the market in terms of demand for mort...

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