First-time buyer mortgage market shares could change Research from IRN’s First Time Buyer Mortgage Report 2019 indicates a large potential boost to Barclay’s first-time buyers (FTBs) market share. A much higher percentage of FTBs yet to make their first purchase favour Barclays compared with FTBs who made their first home purchase up to five years ago. At the same time, other providers like Halifax and...
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The UK Personal Injury Market Report 2019 is the fourth edition of an annual market report from IRN Research (in the Orchard Reports™ series). As well as exploring key market trends, issues, and forecasts, the report includes profiles of 20 leading personal injury (PI) law firms – 18 with financials – and the results of a PI practitioners’ survey. Here are some selected findings: PI...
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82% of mortgage customer journey takers satisfied with their mortgage providers, but problems persist 82% of consumers who currently have a mortgage express satisfaction with the mortgage provider used on their last mortgage action (e.g. house purchase or remortgage). Despite these positives, this does not mean improvements cannot be made. Some parts of the mortgage process, especially the pre-application stages/actions, i.e. those parts that take...
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Over £180 billion borrowed in 2018, by mortgage holders with a 2.8% rise expected in 2019 Existing homeowners borrowed over £180 billion in 2018 secured on their homes, representing almost 900,000 mortgages/loans. The amount borrowed rose by 5.6% in 2018, mainly reflecting a sharp rise in remortgaging and lifetime mortgage activity, with the number of mortgage advances growing by 5.2%. In 2019, IRN Research anticipates...
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