The bridging market has grown exponentially over the last decade, how can brokers ensure they select the best lender to meet clients' needs?
Climate change is the biggest challenge facing mankind, and will require a global effort the likes of which has never been seen before.
While lender attitudes towards self-employed borrowing have moved on since 2001, a significant majority still struggle to get accepted for a mortgage today. If it were easy, these types of mortgages would be mainstream.
Issues with repayment extensions on COVID-19 business loans and fraud will see more small to medium enterprises (SMEs) turning from banks to alternative lenders for finance.
Government schemes like CBILS and BBLS provided a necessary life support in 2020, but these schemes will be withdrawn, and businesses will need to look again to the private sector.
According to the Nationwide House Price Index, East Midlands was the UK region with the strongest house price growth in Q4 2020.
Rightmove has stated that around 100,000 new property buyers could face an unexpected stamp duty bill amid unprecedented delays ahead of the 31 March holiday cut-off date, but the statement should not be so black-and-white, a mortgage is not the only option to secure the dream move.
Like most industries impacted by the pandemic, bridging finance has experienced a contradictory and altogether topsy-turvy 12 months.
The decision for MT Finance to enter the regulated bridging arena has been some time in the making.
In the midst of lockdown, it’s important to look forward with optimism. So, what trends are likely to be in store for brokers?