And an underwriter cannot be results driven. Better to say no where the application is not in the customers best interest.
The proposed changes could have a big impact on remortgages.
Residential buy-to-let landlords over the past couple of years have had the proverbial kitchen sink thrown at them.
There are various ways that specialist lenders fund their lending operations.
While market uncertainty does make it harder to make plans, there is still much to look forward to and plenty of opportunities for advisers to develop a clear business strategy to carry them through the next year.
As more borrowers have financial backgrounds and circumstances outside the vanilla mould, the importance of specialist lending and the opportunities available for brokers continues to grow.
Over the last five years I’ve watched the IFISA market from the sidelines. Last year, as a frustrated supporter, I decided to finally pull on my kit and do something about it by launching the Fluid Bond.
So, what types of cases have we seen so far?
Beleaguered property investors are turning their attention from buy-to-let to holiday lets, in a bid to escape the regulatory and taxation changes in the private rented sector.