ortgage dealer, surveyor and estate agent LSL Property Services warned the Bank of England’s most up-to-date curiosity rises have led to a “material” slowdown in a beforehand resilient mortgage market, because it stated profits for the second half of the yr can be “significantly” decrease than beforehand thought.
The business, which owns property agent Reeds Rains, surveyor e.surv and various brokers, stated its dealer and surveyor arms had “continued to demonstrate resilience and agility” for the primary half of the yr.
