The social housing white paper was welcomed by the industry as a step in the right direction, but as evidence shows, there is still a long way to go.
Within the equity release and wider later life lending sector there has always been an ‘internal dialogue’ about how to represent the products available and the solutions they can provide.
I’m sure that the majority of you out there are reading this whilst sat at your desk, probably somewhere at home, either on your own or getting regular interruptions from pets and/or family members.
COVID-19 has affected all industries in various ways, from virtual meetings over Zoom to moving the office to the kitchen table; there isn’t a corner of our working lives which has remained unscathed.
While, at the time of writing, we are only half-way through Lockdown 2 – in England at least – it’s certainly possible to see a much more robust housing market at work.
Many mortgage and finance brokers are claiming that the traditional lending process is becoming slower and more difficult to negotiate.
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Let us start with some positives. Despite the market being closed for weeks earlier in the year, many advisers will end up writing more business in 2020 than in 2019.
I do believe that this is our only chance at life, certainly life as we know it, so our unapologetic take at TMG is that we are going to let people know we are here.
Balancing compliance with new ways of working and ever-changing customer demands may seem daunting, but there are ways for intermediaries to manage these responsibilities, as well as a range of resources to help those who are struggling.