Rooftop reveals market predictions

The research, which asked the opinions of 83 industry leaders, indicated that 18 per cent believed discounted mortgages would show the greatest growth over the next 12 months.

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Discounted purchases also accounted for 10 per cent of the findings, with 16 per cent of the belief that the buy-to-let market would be the sector showing the greatest growth over the next year.

However, of the results, only 10 per cent of respondents argued that fixed purchase products would be the most popular choice over the next year, with discounted buy-to-let accounting for 4 per cent of the votes.

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Alison Beech, business development director at Rooftop, said: “It is always good to gauge the mood of the market and this latest survey of ours throws up some interesting results. We’ll be making sure we keep close tabs on how opinion develops over the coming months.”

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James Cotton, mortgage specialist at London & Country, said: “Discounted rates could rise in popularity. Since August last year when rates started to rise borrowers have opted for fixed rates, as they want to know exactly what they are paying, but if the you get to the end of the rises, you could see more people opting for discounted rates. It all depends on individual circumstances.”