Scottish Short Term Lending to Grow in 2012
The Precise Mortgages Road Shows have proved a hit in Scotland with the Glasgow and Edinburgh events both very busy. And a poll of Scottish brokers shows there is optimism on the volumes of Bridging and Short Term Lending.
84% of the brokers believe that continued restrictions by high street banks will increase volumes in Short Term Lending.
56% of brokers believe that the Private Rental Sector will continue to grow with 65% stating that the number of Buy-to-Let investors will increase.
60% also believe that high street lenders are deliberately restricting business via intermediaries.
During the programme of road shows, brokers are being polled on what they think the future holds for the lending market, respondents are entered into a draw to win a Harrods Christmas Hamper each day. Precise Mortgages is pleased to announce that Graham Kennedy of Graham Kennedy Mortgages was the first lucky winner.
The road shows continue tomorrow in Newcastle and then onto Manchester, Solihull, Cardiff, and London. Brokers are invited to attend to hear about the opportunities and initiatives coming from Precise Mortgages, to book a place visit www.precisemortgages.co.uk
