Page 17 - The Pulse Issue 6 Online
P. 17

2017 Market Overview       Where We’re Headin





 Consumers’ pockets   Bank of Mum and   Decline in buy                       Retirement
 feel the squeeze   Dad becomes the UK’s   to let purchases              lendin market is
                                                                          set to double in
                             Tax and regulatory
 Higher inflation is occurring in   9th larest lender  changes are expected   the next ten years
 tandem with muted earnings
                            to slow down the buy
 growth causing consumers to   Equity release   to let purchase market   According to research
 reign in their spending.  booms  and cause some                         from More 2 Life, the
                                                                            later life lending
                             landlords to sell up.                       market is predicted to
                                                                          hit £142 bn in 2027.
                                                                                                   Technoloy
 Brexit fears drive down   The overnment          Rate rise of up to                            advancements
 house price rowth in   8,351 pensioners took out   has pleded to   3% predicted by            streamline the
 the capital  an equity release plan in Q1   build 200,000   early 2020’s                        mortae sales

 UK housing transactions in the   of 2017, according to the   new starter   A former Bank of         process
 second half of 2016 were 9%   Equity Release Council.  homes by 2020   England Monetary Policy   Most high street
 down on the same period in   to help FTBs et    Committee member has                            lenders will adopt
 2015, according to figures   on the property     predicted that interest                        automated income
 from HM Revenue & Customs.   ladder             rates could rise by 2 or 3                      verification to speed
                                                   per cent by the early                          up the mortgage
                                                         2020’s.                                      process.



  The Rise of Mortae Misfits             Here to Help






                Residential Mortaes                             Second Chare, Commercial, Bridin,
                      & Buy to Lets                                     Equity Release & Protection


         You Advise or We Advise - You decide                         We Advise & You Reap the Rewards

             Access every lender in the marketplace             Access every lender in the marketplace and private funders
 Later Life  Adverse  Zero Hour   First-Time   Self-Employed
 Lendin  Credit  Contract Workers  Buyers  Workers  Access packager exclusive products  Earn 50% of the commission and broker fee on every
    Streamline your workload by allowing our team to take care       mortgage and loan case with no compliance cuts
 In 2006, a quarter of   In 2016, a total of   910,000 workers are   On average FTBs need   There were 4.7 million   of all of the administrative work  Simple referral process - send us a name and number and
 new mortgages went   912,389 CCJs were   now employed on a   to earn £52,000 with a   self-employed workers   Utilise our mortgage helpdesk to assist you placing complex,   we’ll do the rest
 on beyond the age of   registered against   zero-hours contract, a   deposit of £46,000 to   in the first quarter of   adverse and niche business
 65. Today the figure is   consumers in England   four-fold increase from   get on to the property   2016, forming the   Experienced and dedicated team who specialise in placing
 almost 40%.  and Wales – an   the year 2000.   ladder. This has   backbone of the UK   complex, adverse and niche business
 increase of 24% on   resulted in the average   economic recovery.
 the 734,205 registered   age of FTBs now being   Whichever option you choose, we’ll keep you informed on the proress of the case and
 in 2015.  30 years.
                       refer the client back to you if they would like any additional services.



 The last few years have seen a flurry of new lenders with   Contact us to find out how our team can help you to write more business and earn more money.

 an appetite to cater to non-standard customers.  Call 01702 538 800 or email info@inard.co.uk
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