ROUND TABLE
DEVELOPMENT FINANCE
FOLLOW OUR ADVICE, SEE WHAT DEVELOPS... The UK’s economy is feeling the pressure, but confidence within the development finance market remains high. Simon Meadows outlines Bridging Introducer’s recent round table
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ew could dispute that these are disruptive times in the UK economy. Rapidly rising inflation and interest rates over recent weeks and months, and much talk of a recession, have brought into sharp focus the livelihoods of British businesses. Closer to home, quite literally, many property owners have worried about how they will afford escalating mortgage rates and even whether they will manage to keep their hard-earned houses and apartments. For those behind the financing and developing of such properties, there could be challenging times ahead. Yet, as the government and the Bank of England strive to steady the country’s finances, bridging introducers continue to see development financing opportunities coming across their desks. And within the bridging market, there’s optimism its profile could grow among those struggling to secure finance within the general mortgage space. There is, perhaps, no more intriguing a time than this for a discussion of the development finance sector, bringing together a diverse selection of industry experts to better understand its evolution, what it takes to be successful, and how best to collate and
deliver the information lenders need. To share their insight on development finance and offer a framework for success in a highly competitive market, Bridging Introducer, in association with Sancus Lending Group, brought together six leading industry professionals. The panel featured Jaxon Stevens, head of sales for Sancus Lending Group; Kieran Payne, relationship manager at Aureum Finance; Matt Vincent, director of MCA Finance LTD; James Palmer, associate director of LDNfinance; Ross Wilson, associate director at Naismiths; and Harry Eddery, senior funding manager at LandTech.
“We just need to make sure that everyone’s on the same page; the broker, the developer, and the lender all need to be working together and communicating” JAMES PALMER
Deep property expertise
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UK | IRELAND | JERSEY | GUERNSEY | GIBRALTAR
BRIDGING INTRODUCER NOVEMBER 2022
www.sfintroducer.com
