Nick Russell, sales director looks at how specialist property finance has evolved rapidly in the past few years. And, how base rates rise changes the landscape of lending even further. Nick also looked at the challenges lenders are facing and how they have had to adapt and innovate which has culminated in the launch of new products. In this article, Nick also explores the evolution of specialist finance and its future direction, including the importance of environmental, social, and governance (ESG) considerations.
"Just as the UK thought it had negotiated Brexit and navigated the worst of COVID-19, little did we know, there was further uncertainty around the corner.” said Eli Korman, head of development finance and CIO at TAB.
Samuel Morris TAB's lending associate sat down with Laura Miller and share his insights into how he got into specialist finance, what it's like working in a business development role and how personal relationships, as well as the integrity to maintain them, are what have helped Morris get where he is today.
Chancellor Rishi Sunak delivered the 2021 Budget on 3 March 2021. Whilst the majority of the speech detailed the recovery and rebuilding of the economy following the pandemic, the Chancellor also revealed the country is in the worst recession in 300 years. However, it is predicted that the economy will bounce back by mid-2022.