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Will other lenders follow Portman Building Society&#39s lead and pull out of

the remortgage market?

“No, I don&#39t think so. Where else will they get the business from?”

Jim Russell, Russell & Co

“Not immediately. They must be concerned that service levels are slipping.”

Mark Harris, Savills Financial Planning

“No, there is too much money out there for them to pull out.”

Peter Brown, Mortgage & Pensions Bureau

“No I shouldn&#39t think so because we are finding a lot of lenders going

into the mortgage market at the moment.”

David Wood, Invest & protect Financial Services

“No, I don&#39t think so, not if it is still profitable for most people.”

George Emsden, Michael Phillips

“No, it is too big a section of the mortgage market.”

Declan Begley, Ryan Gardner Associates

“Yes. All the smaller lenders, particularly the mutuals, cannot cope and

will eventually disappear or be absorbed by the bigger players.”

Walter Chinn, Milverton Financial Services

“I think they are going to have to simply because there is not the level

of demand there used to be.”

Mark English, Saint & Co

“No, I doubt it. Portman probably can&#39t handle any more businesses. I

should think that is why they pulled out.”

Ian Brammer, North West Mortgages

“No, I wouldn&#39t think so. Where there is demand there is always supply.”

Peter Kalfy,Harmattan Financial Planning

no 73%

Yes 27%

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