The group said the extra revenue will help mortgage brokers survive if changes are introduced
The lender has seen huge growth in lending to developers
Developers are facing failed settlements and lower pre-sales
CEO says trend is putting developers and landowners at a disadvantage
The company expects to see strong demand for non-bank solutions as the major banks tighten their lending criteria
Dual increases in construction costs and land prices will put the profitability of future developments at risk, warns one veteran broker