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Specialist loans make up a third of IFA business says survey

A survey by mortgage lender Sun Bank reveals arranging loans for clients with specialist needs makes up a third of all mortgages handled by IFAs but only one in five cases in the market overall.

It says IFAs have a chance to differentiate themselves from high street banks in this complex prime sector.

Of the IFAs questioned 96 per cent believe the sector including clients with income issues, a failed credit score, an unusual property, with multiple properties or who are foreign nationals, will continue to grow.

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