For many non-bank lenders, brokers are not an alternative channel, they are the channel, says Martina Hennessy, CEO of doddl.ie. Photograph: Conor McCabe.
The number of aspiring homebuyers using brokers to secure a mortgage offer has jumped by 75 per cent over the past six years, according to industry data.
Figures from the Banking and Payments Federation Ireland (BPFI), which represents lenders, show that mortgage brokers’ share of the overall home loans market has jumped from just over a quarter back in 2019 to just shy of one half this year, according to Martina Hennessy, chief executive of Doddl.ie.
She said the BPFI data also showed that most people look
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