{"product_id":"mortgage-brokers-in-the-uk-industry-market-research-report","title":"Mortgage Brokers in the UK - Industry Market Research Report","description":"\u003cp\u003eMortgage Brokers in the UK - Industry Market Research Report\u003cbr\u003e\nMortgage Brokers in the UK\u003c\/p\u003e\n\n\u003cp\u003eMortgage broker revenue is anticipated to increase at a compound annual rate of 3.6% over the five years through 2023-24 to £2 billion. Growth has been driven by rising residential property transactions stimulated by government initiatives and rising house prices. However, mortgage brokers have faced numerous challenges, including downward pricing pressures from upstream lenders and a sharp downturn in the housing market as rising mortgage rates begin to bite, resulting in revenue growing by an estimated 1% in 2023-24.\u003c\/p\u003e\n\n\u003cp\u003eMortgage brokers act on behalf of lenders, primarily helping borrowers arrange mortgage finance for both residential and investment real estate purposes and refinance existing mortgages. Brokers receive commissions on loans arranged for lenders and may charge fees for their services.\u003c\/p\u003e\n\n\u003cp\u003eThis report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.\u003c\/p\u003e","brand":"Service Industries","offers":[{"title":"August, 2023 \/ 38 Pages \/ MCW16277166","offer_id":47710251712818,"sku":null,"price":978.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/mortgage-brokers-in-the-uk-industry-market-research-report","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}