"I also think 2017 will be a really big year for some of the lenders with record breaking months of people coming to the end of fixed rate deals and switching back to standard variable rate."
He remains confident that lenders will continue to offer 95% LTV mortgages after the end of the Help to Buy: mortgage guarantee scheme to stimulate the lower end of the market.
Chris also believes it could also be a good year ahead for remortgagors as interest rates remain at record lows.
He said: “I have a feeling 2017 is going to be tougher for many - there will be uncertainty as the effects of Brexit become clearer and we all get used to having President Trump in the White House.
“But, that said, record low interest rates - for as long as they continue - and the rise of the challenger banks in an already crowded market place, increasing competition for the benefit of the customer, will be good news for brokers like us, and therefore customers too, in 2017.
“Lenders are really up against it with increasing competition and lower margins than ever, but that is good news for customers. Provided builders keep building new homes and lenders keep lending then the outlook for people buying a new home or re-mortgaging should be good for 2017.
“I also think 2017 will be a really big year for some of the lenders with record breaking months of people coming to the end of fixed rate deals and switching back to standard variable rate. That will be a good opportunity for brokers and lenders to help more people choose the next deal that matches their needs.”
