We spoke to Martin Reynolds, CEO of SimplyBiz Mortgages, about what he predicts for the post-Brexit purchase market and how ancillary products can help boost business.
FR: What challenges are you seeing that are currently impacting brokers?
There are a number of challenges facing advisers at the moment. The purchase market remains slow, and even post-Brexit, I do not feel it will grow much over the next 12-18 months. This means that next year, advisers will predominantly be looking at remortgages and product transfers.
SimplyBiz Group PLC (LON:SBIZ) provides compliance support and business consultancy services to financial services, legal and workplace benefits professionals in the United Kingdom.