Mortgage adviser confidence is on the rise as 81% say they are upbeat about the mortgage market’s outlook over the following 12 months, Stonebridge reveals.
A survey, taken by 265 of the mortgage and safety community’s appointed representatives, discovered that 71% had been optimistic and an extra 10% had been very optimistic about the yr forward.
This compares to final yr, when simply 54% mentioned they felt optimistic about the outlook for the market, which was up from simply 14% in 2023.
In addition, 73% of these surveyed consider they are going to write extra enterprise within the subsequent 12 months in comparison with the earlier yr, up from 62% a yr in the past.
Stonebridge chief government Rob Clifford says: “After a difficult couple of years, brokers are now much more optimistic about the alternatives forward, with confidence ranges the very best we’ve seen over the past three years.”
“That is a massively encouraging signal for the trade. Of course, dangers stay – from inflation to ongoing regulatory calls for – however the route of journey is optimistic.”
“As situations proceed to enhance, we consider this rising optimism will translate into elevated exercise and additional momentum throughout the mortgage and safety market.”
