“Specialist lending will continue to grow its market share through increased exposure, correct and targeted education and lenders who are able to adapt and pivot to the ever-changing market. The investor is more experienced and needs brokers and lenders who understand their needs. This, combined with more settled and competitive rates, will mean that there will be more business written in twelve months versus the last twelve.”
He continued: “I would like to see a housing minister in place for more than five minutes, and some respect that housing is not a quick fix. This could mean unlocking land that is held for too long for developers, broadening the scope of permitted development to aide SME developers or an end to BTL and landlords being used as a political football.”
Pritchard pointed to the ‘great strides’ that Glenhawk has made in its six years as a business, in terms of volume, market position and the amount of loans written and under management.
“With the strong funding we have backing us, thanks to our internal treasury team and the excellent systems and controls we have, as well as market leading service, I am confident we will have even more market share as the year continues,” he told Mortgage Introducer.
“Although I am constantly monitoring the market conditions I prefer to stay in my lane, focusing on how we can improve processes, relationships and products that are as suitable tomorrow as they are today.”
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