#18 - The Future of Mortgage Governance

In episode 18 on the Growth Series podcast, Jeremy Duncombe, Director of Intermediaries at Accord Mortgages, is joined by Jackie Bennet, Director of Mortgages at UK Finance, to discuss the UK housing market, the issues, solutions and the future. They put their heads together to discuss the challenges facing the UK housing market, how the industry is adapting to new regulatory changes, and what the future looks like for lenders, brokers and customers. There are major changes, such as the introduction of a New Homes Ombudsman, which UK Finance is working closely with the Home Builders Federation to set up. Changes in leaseholds also gets a mention, such as the capping of ground rents and removal of unfavourable terms such as the doubling of rent every ten years. Jackie also discusses later life lending and the impact of changes on the Buy to Let market, for which 2018 was a poor year in terms of revenue. She also talks about major market disruptors, the impact of customer behaviour changes, and the FCA’s Mortgage Market Study. The Growth Series is a dedicated resource that aims to help mortgage brokers grow their business using digital and communications marketing techniques. For more hints and tips on how to grow your business, you can sign up to the Growth Series for free, here.