Regentsmead: Brokers must embrace development finance market

  • 24/08/2017
  • 0
Regentsmead: Brokers must embrace development finance market
Mortgage brokers will need to have a 'suite of specialist products' following a recent upswing in development land sales, according to development finance provider Regentsmead.

Recent research by CBRE revealed a total of £722m of London development land sales completed in the second quarter of 2017, making it the strongest quarter since before the EU referendum and a 48% increase on Q1 2017.

CBRE said the quarterly uplift was driven by overseas developers, who represented 83% of development land buyers in Q2 2017 and were focused principally on large lot sizes for mixed use development, including residential projects.

Ashley Ilsen, head of lending at Regentsmead, said: “The figures will be skewed by the recent uplift in private rented sector (PRS) schemes which are often very attractive to overseas developers. The by-product of this is that mortgage brokers are required to become more specialist on the range of products they offer. Previously mortgage brokers could get by on having a knowledge of generic mortgage products, however the requirements nowadays is forcing brokers to have a better understanding of the specialist lending market and any broker worth their salt would need a suite of specialist products to offer their clients.”

There are 0 Comment(s)

You may also be interested in


Keep up-to-date with all the breaking bridging and short-term lending news and analysis, from regulatory changes to product innovation and inside market knowledge. Take a look at our broker and lender case studies showing short-term finance in practice.


Find all the news, opinion and analysis for property finance brokers specialising in commercial and semi-commercial mortgages, alternative and development finance for commercial investments in residential projects.

Second charge

Stay up-to-date with the latest news, analysis and opinion on the secured loan market as it evolves into a mainstream finance option following European regulation on 21 March 2016.

Complex buy-to-let

Whether it’s a complicated asset or a complex customer, you’ll find out all the breaking buy-to-let news in this section. From limited companies to portfolio landlords, student lets to a House in Multiple Occupation, we’ve got all bases covered with our up-to-the-minute news, analysis and opinion.

Mortgage Solutions

Find all the breaking news, analysis and industry comment on Specialist Lending Solutions' sister site, Mortgage Solutions

Read previous post:
Is the Northern Powerhouse running out of steam?

It was billed as the initiative that would close the North South divide and create countless possibilities for development and...