A Conversation with Shawbrook – Part 4

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Shawbrook, along with a rotating team of special guests from the broker community, bring you their take on what is happening across the market. Join us for an open and honest conversation, where we will share perspectives on the challenges and opportunities of the current climate, with real life stories and practical tips. 

In this latest instalment, hear our host Gavin Seaholme, Head of Sales, and guest Barney Drake, CEO of Specialist Mortgage Group (SMG), discuss the impact of the pandemic on the second charge mortgage market and the key drivers for growth. They discuss the uptick in customers looking to use second charge lending for debt consolidation, the upcoming FCA deadline for credit card companies to assist customers who are in persistent debt, and how more education across the property sector on persistent debit is needed.

Listen to previous instalments of “A conversation with Shawbrook” below:

 

Part 1

Emma Cox, Sales Director chats with Phil Gray, Managing Director of Watts Commercial Finance on the initial lockdown challenges faced by his team and his views on the main issues facing the broker and investor community on the back of the pandemic.

 

Part 2

Gavin Seaholme, Head of Sales and special guest Jason Berry, Group Sales and Marketing Director at Crystal Specialist Finance, discuss the current state of the bridging market and the recent changes around stamp duty.

 

Part 3

Marc Callaghan, National Sales Manager and special guest Martin Smedley, Director at Prospero Finance, discuss the current state of the bridging market specifically around Property Conversions and Development Exit.