Building societies use stable foundations to grow market share
Posted by: Titlesolv
Building societies have capitalised on positive perceptions of them as responsible lenders in order to differentiate themselves and gain market share. Research by Cass Business School suggests that building societies do indeed offer their customers a "better deal" than banks.
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.
Holding profit margins: reducing the pressures imposed by peer to peer lending
Posted by: Titlesolv
Average deposits for house purchases now sit at just under the average annual salary, which means that more capital is needed to be raised for the purposes of individual or buy to let purchases. As a result, buyers are looking to alternative sources of revenue, including financial assistance from parents and peer to peer loans.
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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