With pressures mounting on borrowers' finances with the rise of gas and electricity, council tax, food shopping and climbing inflation, more and more borrowers are falling outside the criteria of the high street. Thus we are seeing an upsurge in the demand for specialist lending. If you think about it, one missed mortgage payment or arrears on some of your household utilities could ultimately mean that you can no longer shop on the high street and so it is essential that all options are considered when deciding who the most appropriate lender is to fulfil your customer’s needs.
It’s not just adverse credit that is fuelling the growth of the specialist lending sector however, it’s the holistic approach adopted by specialist lenders to accommodate those that are underserved by the high street whether that be relating to the self-employed or complex income, adverse credit or unusual property types and constructions such as concrete, timber framed, high rise or next to a commercial.
United Trust Bank are a growing bank based in central London that offers a range of specialist mortgage products to help you with cases that don’t quite fit on the high street. They offer residential products, BTL and second-charge loans to help you with all of your specialist needs. The aim of this webinar is to highlight the types of customers that fall into this area and equip you with the tools and knowledge to help them.