Home > Press Releases

Mortgage Broker Solutions thrive where choice is king in Consumer driven Mortgage Market

Date: 25-07-2004
Source: Mortgage Broker Solutions

Mortgage Broker Solutions, Ireland's premier wholesale Mortgage intermediary, today (July 25, 2004) announces market leading growth in Mortgage lending for the first half of 2004. Mortgage Broker Solutions is jointly owned by IFG Group Plc and GE Capital Woodchester.

  • Overall market share increased from 7% to over 8% which represents over 24% of the Independent Mortgage market.
  • Overall Mortgages drawn down on behalf of its agents grew to €486 million, representing an increase of 42% on the same period last year. This performance is on the back of similar strong growth in 2002 and 2003.
  • MBS now leads the Independent mortgage intermediary market with the widest range of Mortgage solutions available on the Irish market
  • The strongest area of growth in the market was Re-Mortgaging (specifically equity release). This sector is increasing rapidly following a UK trend where the segment now accounts for over 50% of all Mortgage Business.

 

<< Back to Press Releases

© IFG Group plc 2007
Registered in the Republic of Ireland No. 21010
Registered Office: IFG House, Booterstown Hall, Booterstown, Co. Dublin
Tel: + 353 (0)1 2752800 | Fax: + 353 (0)1 2752801
Email: group@ifg.ie