Thanks to the UK’s new Open Banking initiative, the scale of IT problems within the financial services sector has become apparent.
The development space is one we are particularly excited about coming into the year.
Housing Secretary Robert Jenrick MP put more pressure on landlords to allow ‘responsible tenants to have well-behaved pets’ in their rental property.
The repayment of deposits is currently the biggest cause of tenancy disputes.
Property development is a complex process with many potential pitfalls.
We often hear that many advisers are uncomfortable considering a second charge as a solution for a capital raising borrower, mostly due to a lack of familiarity.
New build moves largely in tandem with the government’s Help to Buy mortgage scheme.
A key element for brokers to be aware of when working with inexperienced borrowers, is to find a lender who is happy to provide the borrower with more support if they need it.
The need for development finance facilitated through property development firms will become all the more pressing in the coming 12 months.
For investors, ongoing political and economic uncertainty has made it incredibly difficult to commit to significant financial decisions.