How the market is currently funded

of businesses expect interest rates to climb further of businesses are considering investment in technology currently use or intend to use electronic signatures for legal documents

“M&A activity in both the bridging and wider property finance space has been impacted by macro events for both sellers’ views on timing and purchasers’ views on valuation. However, we still expect a number of transactions to complete this year focused on the larger and more institutionalised platforms, where there is less purchaser risk in relation to credit performance and growth projections”

Nick Parkhouse, partner, FS corporate finance leader at EY

are considering M&A activity and 19% are thinking about selling their business plan to raise equity capital, 26% are looking to securitise, and 72% aim to raise or refinance debt capital of companies are deliberating regulated lending of firms are looking to improve DE&I of lenders intend to introduce variable rates of businesses are thinking about product diversification, 44% are looking to expand regionally, and 28% are interested in moving into longer-term lending of businesses disagree or strongly disagree that biometrics will significantly improve the efficiency of the origination and underwriting process of firms do not intend to use AVM technology of firms reported that demand for hybrid/remote working from employees and candidates was one of their top three hurdles

Esg

58% of businesses plan to implement an ESG strategy over the next 12 months, with more than one-quarter (29%) aiming to launch an ESG-related bridging product linked to broad-based ESG measures beyond EPCs 28% of companies intend to introduce an ESGrelated bridging offering linked to EPCs 20% of firms plan to provide carbon offsets for their own direct corporate impact 12% of companies plan to stress test their portfolios based on their environmental impact Just over one-third (35%) plan to take part in lobbying activities to influence governments and policymaking for the property market/ finance industry in 2023 Roughly half (54%) plan to invest to enhance their AML systems