Page 4 - The Pulse Issue 4

KEY IMPROVEMENTS WE’VE MADE

TO SUPPORT YOUR BUSINESS

Here’s An Overview of the New Developments Launched
Over the Last Quarter

New Lenders New Incentives

Bluestone Mortgages Refer a Friend Scheme

A new-breed mortgage and buy to let lender, who specialise We know nothing beats the recommendation of a friend,
in helping the following types of borrowers: - especially when it comes to making important business
decisions.
• Clients with adverse less than 36 months old, including
defaults, CCJs, mortgage arrears, DMPs and pay day loans. To allow us to grow our Network and expand the range of
lenders and opportunities we can offer to you, we will be
MARKET UPDATE • Self-employed borrowers with only 12 months trading inviting you to recommend your fellow brokers to Ingard.
LOOK BACK AT 2016: • Contract workers with 3 months left on contract, less As a thank you, we will be paying away a cash reward of
history.
A Message From the Directors
£1000 for each new broker you introduce.
THE ROLLER COASTER RIDE than 3 months considered. Speak to the Specialist Team For further details call us on 01702 538 800 or visit
for more details.
network.ingardintermediaryservices.co.uk/refer-a-friend/.
A Message From the Directors • Complex income from a wide range of sources including
maintenance, investments, pension, Directors/ Partners
fees.
New Services
As I started to review the year, I tried to sum it Congratulations on making it through one of the toughest Access direct or via Ingard’s Specialist Team.
up in 3 words – Roller Coaster Ride. years since the Credit Crunch. What can we expect for
2017? If you want any additional training and support, or would
We had MCD on 21st March that brought big changes to Funding 365 like to make a suggestion on how we could improve the
service we offer to you, then we’re all ears!
the second charge market, quickly followed by the BTL Triggering Article 50 will no doubt bring more wobbles
changes and Stamp Duty hike in April. to the FTSE and the strength of Sterling, and landlords The lender provides unregulated first charge bridging
are going to struggle with 145% rental coverage. Despite products for British citizens and EU nationals resident in We launched our first quarterly survey at the end of
Then came Brexit! At our Annual Conference on 22nd June these issues we have plenty to be positive about in 2017. the UK, and limited companies (both UK and offshore). December 2016 and will continue to release a new survey
at the end of each quarter. Your feedback is crucial to
we held our own Referendum where 72% of brokers and The lender offers five core product ranges tailored to helping to shape the training, service and support we
78% of lenders voted ‘Remain’. The Country and World The pound is getting stronger and stronger against residential, re-development and commercial properties. provide to Network Members, and enabling us to better
were in shock at the result. Sterling fell to its lowest level the dollar after the initial drop and house prices have understand areas of the business which are performing
against the dollar and euro in the aftermath! remained relatively stable. As more new lenders launch Loans are available from £100K to £5M with terms ranging
there will be more choice and competition which means from 3 – 12 months. well or in need of improvement.
Then David Cameron resigned and we gained a new Prime better, more creative products and loosened criteria. Good Keep an eye on your emails to ensure you have your say.
Minister in Theresa May and the Base Rate reduced for the news for consumers, especially first time buyers and the Access via Ingard’s Specialist Team. We look forward to hearing your views.
first time in 7 years to 0.25%. self-employed.

Then the biggest shocker of them all – the new President The CML forecasts gross lending to be around the £250 Equifinance
of the United States of America will be Donald Trump! billion mark for the next 2 years. With record low interest
Someone with no political experience or diplomacy. rates this is a great time to get a loan and for you to The second charge lender offers flexible criteria which
secure a cheap fixed rate for your clients to give them is geared towards helping clients who have historically For further information on any of the new
Are you keeping up? During the year, we also had the some certainty for the future. experienced financial difficulty but are in the process of launches, contact us on 01702 538 800 or email
controversial Olympics in Brazil, the European Cup in recovering their financial situation. info@ingard.co.uk
France with disgraceful rioting and a failed Military Coup Nikki Haworth
in Turkey. Sales & Marketing Director Equifinance will lend to borrowers for most legal purposes,
even if they have recent CCJs, defaults, missed mortgage
On a positive note the Queen reached her 90th Birthday payments, IVA and DMP.
and Andy Murray won Wimbledon. In the lending world,
the plethora of new lenders entering the marketplace have Acess via Ingard’s Specialist Team.
helped keep things moving with more flexible criteria.

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