Like black and white, apples and oranges and Aston Villa and Birmingham City, the mainstream and specialist finance markets have always been considered two wildly different constituents with no room for crossover.
In a fairly subdued housing market, first-time buyers are bucking the trend. The number of new first-time buyer mortgages reached a 12-year high last year, with 370,000 first-time buyer mortgages completed in 2018.
We believe family buy-to-let is an important part of the buy-to-let sector and indeed we, and advisers, are likely to see a growth in demand for it.
I would urge advisery firms to exercise caution about which fintech horse they do back
This comes as Theresa May announced she would resign as Prime Minister on Friday 7 May.
Like intermediaries, lenders struggle to understand the complex affordability landscape.
The only way to bring the issue under control is to bring it out into the open.
In the current environment, longer term 5-year fixed rates are becoming increasingly popular.
For many this reluctance to treat their property as a source of wealth is all that is holding them back from making the most of the pension changes.
We have observed a definite trend for many seeking to either buy or sell prime real estate in London and the South-East to adopt a “wait and see” approach.