You cannot rest in this game and no one has a monopoly on good ideas.
What is abundantly clear is that the role of the BDM during the last 12 months has arguably been of its greatest importance ever.
There’s no escaping the fact that lenders in the second-charge market are raising their game and revamping, not only by product, but also by the way they lend.
Would you, as a mortgage adviser, rather drive an hour to meet a client face-to-face (30 minutes there, 30 minutes back in a COVID-19 safe space) or have this conversation from your desk/home over a video call?
A labour intensive activity for consumers, brokers and lenders alike, challenges around verification were amplified during lockdown.
Of the many and varied consequences for the property industry which the COVID-19 pandemic has brought about, one of the most positive and fascinating is the sharp refocusing on ‘healthy’ buildings.
Shared ownership is certainly one way and probably represents the best opportunity to get on the housing ladder if buyers are unable to afford a property on the open market.
Analysts have been making comparisons between the impact of COVID-19 and the Spanish flu epidemic that ended in 1920 and sparked a decade of economic and cultural change.
In the mortgage market we can often get carried away with talk of innovative new products but how much of this is actually innovation rather than evolution?
Here’s why it will hit low-income first-time-buyers the hardest.