Investor activity falls
More than half of mortgage advisers reported a decrease in investor activity over the past month, according to a new survey from economist Tony Alexander.
A net 53% of respondents to Alexander's monthly mortgage adviser survey reported a decrease in the number of investors coming forward for mortgage advice.
While the figure marks a slight improvement on previous months, the data point "clearly signals substantial wariness on the part of investors", Alexander said.
A net 78% of respondents noted a decrease in investor...MORE»
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