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Masthaven COO celebrates secured success
So, all of the signs are that we now have a reawakened lending market. Time to pop open the champagne? Well, the UK is indeed beginning to show signs of overall growth. In the residential market, first mortgages are powering beyond the CML’s 2013 market forecast of £156 billion. Even remortgaging has shown some tentative signs that it is about to get off its knees. The government is helping in the only way it knows – by making lenders an offer they can’t refuse, and hang the risky potential consequence of artificial property inflation. Secured lending, meanwhile, continues to grow at an even faster rate than mainstream firsts, with every reason to believe that this growth will endure.
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