In the midst of lockdown, it’s important to look forward with optimism. So, what trends are likely to be in store for brokers?
Although the restoration of Crown Preference had been expected for some time, its impact will be felt way beyond its December 1st reinstatement.
Jon Maycock is commercial director at Propel Finance This was the year that asset finance proved its true value for businesses across the UK. During one of the toughest years for business in living memory, many supportive asset finance providers stepped up to champion SMEs and offer urgently needed funds – enabling businesses to trade […]
2021 is going to throw up challenges and plenty of change.
While some areas of the market are, against all expectations, having one of their best ever years, commercial has been less fortunate in many cases.
There is no denying the BTL market has taken a hit over the last few years, but the fundamentals of the market have and will remain strong.
As difficult as it may be in today’s busy market, principals and leadership teams need to put aside time to plan for a better business able to cope with the unpredictable times ahead.
The majority of SMEs are struggling as a result of the pandemic, with 85% of those that have applied for CBILS still in need of support.
Many mortgage and finance brokers are claiming that the traditional lending process is becoming slower and more difficult to negotiate.
Just as the lockdown gave homeowners and investors the opportunity to review what they really wanted from their properties, so too has it given lenders the chance to step back and reassess where they want to be active.