The appointment follows a string of strategic hires within LendInvest’s business development function, including four new BDMs based outside of London.
As the chart shows (pictured, below) there are more private renters and outright homeowners and less people owning with a mortgage.
While he also talked about Brexit and natural dips in the economic cycle, Burnside reckoned the 3% stamp duty surcharge on second homes and investment properties as well as ongoing reduction of mortgage tax relief are having the biggest impact.
The lender has assured that it is using an extended solicitor panel to make sure it cap cope with demand.
The association was responding to The Department for Communities and Local Government’s Tackling unfair practices in the leasehold market consultation, which closed yesterday.
JLM has committed to giving an additional 20% of the total funds raised by its network members at the end of the year.
Sharma plans to emphasise the role builders’ merchants play in getting more homes built in the UK.
Bluestone offers products for the self-employed, contractors and those who have experienced credit problems.
Borrowers can receive a lump sum of 3% of the value of their initial loan, an option designed to help in paying legal and adviser fees.
The lender piloted second charge mortgages earlier in the year.