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UK Finance trends in lending for November - comment from Jonathan Sealey at Hope Capital |
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Tuesday, 16 January 2018 | |
Jonathan Sealey, CEO at Hope Capital, says “Confirmation of activity in November today shows an upbeat end to the year. Negativity that arose from the public’s nervousness around Brexit negotations appears to have abated, and espite a rise in interest rates there are still plenty of good deals on offer. As the figures bear out, people are now taking advantage.
“Although buy-to-let has suffered under new regulations, the opportunities are still there for specialist lenders to provide funding as landlords look to improve their housing stock, rather than increase their portfolios. There are likely to be more interest rate rises this year, but for now we remain in an incredibly low interest environment which should mean continued activity across the market.” |
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