Tony Salentino (pictured), director at Complete FS, said: “Headlines about business volumes falling, focus in the main on the mainstream market. However, the demand for borrowing facilities has not suffered. In fact, there is growing demand for first and second charge mortgages, bridging, commercial and buy to let.”
He added: “The only difference is that the clients either do not fit the rigid profile on the high street or they are not getting a swift enough service from mainstream providers. Rather than worry about the headlines, remember this is actually a golden time for advisers who are prepared to look beyond the high street.”
Complete FS said new business applications over the last two quarters were 40% ahead of the same period last year and highlighted strong enquiry levels for bridging loans and specialist first charge mortgages.
Its Specialist Lender Expo takes place at the Ageas Hilton in Southampton and includes a panel debate and presentations from industry figures such as Alan Cleary, managing director at Precise Mortgages, Keith Street, head of Kensington Mortgages, Marylen Edwards, head of BTL lending at Axis Bank, Adrian Maloney, sales director at One Savings Bank and Hans Geberbauer, CEO at Foundation Home Loans.