Primis Midlands Brokers Predict Bright Future for 2026

Primis Mortgage Network brokers operating in the Midlands are optimistic about the financial landscape in 2026. A recent survey, carried out at an event in Warwickshire, revealed that 74% of brokers are either ‘optimistic’ or ‘somewhat optimistic’ regarding their prospects for the coming year.

Survey Insights Highlight Broker Confidence

According to this survey, 81% of brokers believe they will secure more business in 2026 compared to 2025. Only 18% foresee business volumes remaining the same, while a mere 1% expect a decline.

In terms of protection insurance, brokers share a similarly upbeat outlook, with 83% anticipating an increase in coverage arrangements. Just 13% predict stable volumes, and only 3% expect a downturn.

Challenges on the Horizon

While there is considerable optimism, brokers are practical regarding challenges. Economic uncertainty or unemployment is cited by 51% of participants as the primary concern for 2026. Customer affordability pressures were identified by 22%, whereas only 2% mentioned lower transaction volumes as a significant issue, indicating confidence in market activity.

Opportunities in the Refinance Market

• 56% of brokers view the refinance market as the main opportunity for growth this year.
• Other areas include first-time buyer mortgages (16%) and income protection (13%).
• Specialist lending (5%), life insurance (4%), and home mover mortgages (3%) are also considered.

Market Expectations and Interest Rates

Brokers’ positive outlook is further supported by expectations regarding interest rates. A significant 92% anticipate a reduction in the Bank of England’s base rate by year’s end. Furthermore, despite concerns about the FCA’s removal of the ‘advice trigger,’ 65% of brokers reported feeling unconcerned.

Neil Hoare, sales director at LSL Financial Services, noted the unique opportunities for brokers in 2026. He emphasized that 1.8 million fixed-rate mortgages are set to expire soon, presenting a significant refinancing opportunity.

Conclusion: A Year of Growth

Brokers see 2026 not only as a chance to increase mortgage business but also as an opportunity to enhance protection services. This presents a perfect moment for advisers to review their clients’ coverage, especially as many will be refinancing their loans. According to Hoare, the goal is to equip brokers with the tools necessary to make the most of these opportunities, ensuring they end 2026 significantly stronger.