Following the UK Finance lending trends figures this morning, Richard Pike, Phoebus Software sales and marketing director, says “When we see figures like those issued by UK Finance today it is hard not to be at least a little encouraged. However, the truth is that as much as the numbers for house purchases, homemovers and remortages are positive, we do have to take heed of the fact that the buy-to-let sector is still suffering. Now that may well be in line with the government’s plans and, with everything that has been thrown at landlords in the last eighteen months, it is hardly surprising that the foot has come off the pedal. But, is this a very short-sighted view when buying a house is out of reach for so many in the UK?
“Of course, things may be all about to change with the election just around the corner. What will we see in the upcoming manifestos and will anyone read much into them when Brexit continues to dominate? There is no doubt that everyone just wants an end to it all, but there really is much more to life than Brexit and housing should be most certainly be on the agenda.”