SFI (not so) LIVE - A pause in lending is a pause for thought - Episode 13 - August 2022
Description
SFI (not so) LIVE is a topical podcast for those working in the mortgage and property industries, brought to you by Saffron for Intermediaries - part of Saffron Building Society
In this episode, the panel discuss news that 8 lenders have paused new business with brokers, the fall out of this as tensions rise between the lender and intermediaries and that the short and long term outlook is going to be for the industry in light of the cost-of-living crisis.
Find out what the panel had to say about the 30% jump in property transactions in July 2022, the shortage of conveyancers and surveyors, and why the certain sectors beleive that first-time buyers need to temper the expectations for their first home.
With increasing interest rates, how far could this go? Will we return to 1980/1990s rates? The panel give their view.
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Hosted by: Jay Evans
Panel: Tony Hall, Head of Mortgage Sales, Lesley Terry, Regional BDM and the newest BDM Lee Williams from Saffron for Intermediaries
Special Guest: We were delighted to be joined by senior journalist from the FT Adviser, Ruby Hinchliffe.
For more information or to review the SFI LIVE series, please click here.