Our Financial Adviser Confidence Tracker (FACT) Index offers a quarterly update on the mortgage market based on feedback from intermediaries.  Find out what they told us has been happening over the past few months and how they see the mortgage market shaping up looking forward. 

To create Q3’s FACT, 266 financial advisers were surveyed by research company Savanta between 24 August and 25 September 2020 on behalf of Paragon. 

There are encouraging signs that a sense of optimism seems to be returning amongst brokers with only 1 in 10 seeing a significant negative impact long term as a result of the Covid-19 pandemic and the majority remaining resilient.

This is reflected in just under half of intermediaries now telling us that they expect to see more business in the next 12 months. Key to this is significantly higher demand in buy-to-let compared to the last quarter.

A number of factors are driving this with intermediaries noting the impact that the Stamp Duty Land Tax break is having. With this Government initiative scheduled to end on 31 March 2020, there is some uncertainty on how the market will perform afterwards.