Turn and face the strange of 2016
Posted by: Titlesolv
2016 was certainly a year of Changes, to quote singer/songwriter David Bowie, whose death in January was for many a portent of the tumultuous year ahead in the political and economic spheres. The three per cent rise in stamp duty on second homes and buy-to-let purchases was greeted with some dismay, particularly as the government's initial consultation had suggested that there could be an exemption for investors buying 15 or more properties.
Equity relief for the older borrower
Posted by: Titlesolv
Despite their increasing prevalence, older people frequently faces age-biased lending criteria, often making borrowing difficult. The growing popularity of equity relief may provide the solution however.
Opportunity knocks as banks clamp down
Posted by: Titlesolv
The number of traditional lenders introducing stricter criteria for conveyancers wishing to join their legal panels is growing month by month. Metro Bank and Newcastle Building Society are just two of an increasing band of lenders to set more stringent requirements for any law firms wishing to join their conveyancing panels.
The return of mainstream lenders: threat...or opportunity?
Posted by: Titlesolv
Over the past few years, increased regulation of the bridging finance industry has placed mounting pressure on lenders to retain market share and improve the bottom line. According to a recent article published in the Financial Times, the major banks are returning to the large loan market and this brings fresh challenges for the industry.
Trending in Lending: A new day for bridging regulation
Posted by: Titlesolv
Change is inevitable for progress and whilst functioning in a world of heavier regulation presents administrative challenges for bridging lenders, the change has brought with it an opportunity for upward mobility through a rebrand of the negative stigmas typically sometimes associated with the bridging community.
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