Rob Clifford

halifax hpi

Speculation about what the future might bring for the mortgage market, particularly at the likely end of the stamp duty holiday next March, continues and – despite a very busy sector currently – brokers are rightly thinking about what might come next.

Anyone active in the market will be under no illusion about just how difficult the March through May lockdown period was.

Rob Clifford Stonebridge

Over the past few years, we have appeared to move seamlessly from one ‘undefining moment’ to the next, fuelled by the EU referendum, a General Election, Brexit negotiations, Tory party leadership elections, another General Election, the COVID-19 pandemic, and further Brexit negotiations.

Rob Clifford Stonebridge

It might be deeply unpopular but perhaps now is the time to cut the 3% surcharge that additional homeowners have to pay.

Rob Clifford Stonebridge

One giant leap…

There’s no doubting that the mortgage market will take time to get back on its feet but we’ve had some hugely encouraging news in recent days.

Rob Clifford Stonebridge

I have faith that lenders’ decisions to reduce product ranges, or stop new lending, or pull back on LTV levels, or cancel offers, were sadly unavoidable.

Rob Clifford Stonebridge

Keep calm and carry on

Many people will be worried about their jobs, their incomes, and their ability to keep providing for their families in the months ahead – you can be the hub of the advice they receive, and can also act as the conduit between the individual and the lender.

Rob Clifford Stonebridge

The FCA’s recent paper on ‘Mortgage advice and selling standards’ was always going to attract some extreme reactions and that has proven to be the case.

Rob Clifford Stonebridge

Staying put or being loyal

Many would claim that a large part of the financial services’ sector quite likes customer inertia.

Rob Clifford Stonebridge

The future looks positive

May I wish all MI readers a very Merry Christmas, and we are certainly looking forward to a prosperous New Year.