Bob Hunt

Bob Hunt is chief executive of Paradigm Mortgage Services

Great expectations

We still remain a generation away from building the required number of houses necessary for today’s demand, let alone what might be needed in the future.

We as an industry are letting down existing borrowers.

The intermediary is king

These are not times when intermediary advice has lost is allure.

It is perhaps not surprising that more mainstream operators have been eyeing the sector up, and now seem to be making their moves.

The next big move – regulatory approval permitting – will perhaps be focused on whether lenders feel confident to offer a straight 100% product

The FCA is going to want to see much more customer-focused, fully-rounded advisory propositions aimed at later life individuals.

The UK government and regulators have been attempting to put right the wrongs of a system in which King and others were overseeing.

We are in danger here of throwing the baby out with the bath water and the housing crisis that we are seeking to avert could actually be made much worse because of these measures.

The good firms have to pay for the crimes – and that is not too strong a word – and misdemeanours of the minority who do not trade to the same high standards

Change is constant

2015 has been an ‘interesting’ year however as we review where our market is