And so the end of another year approaches, as ever surprising many of us in the process. But as we edge closer to the finish line tape of 2018, you sense next year could deliver no end of curveballs at best. And a black swan at worst.
What a mess! Most people provisioned for uncertainty, not many for huge internal political chaos, but that’s where we are.
A year of many highs and lows.
This is a great time for intermediaries to conduct client catch-ups and planning appointments in preparation for 2019, looking at income, life, family or home cover.
Are the days of ‘hidden surprises’ truly behind us? For the sake and credibility of our industry, I sincerely hope so!
We need the full support of lenders and in some instances they need to develop their technology to keep pace.
More borrowers could benefit from a lender that is able to take an individual approach to their circumstances.
It is doubtful that we will see deregulation.
The scheme was originally due to end in 2021 but will now continue until 2023, but only for first-time buyers and with new lower limits.
The speed of change within the mortgage market is only likely to accelerate.