Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Mortgage Brokers in the UK - Industry Research Report" report has been added to ResearchAndMarkets.com's offering.
Mortgage 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.
Mortgage 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.
This 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.
Key Topics Covered:
ABOUT THIS INDUSTRY
- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
PRODUCTS & MARKETS
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
COMPETITIVE LANDSCAPE
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
KEY STATISTICS
- Industry Data
- Annual Change
- Key Ratios
For more information about this report visit https://www.researchandmarkets.com/r/tsqml0
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