Welsh lenders discuss market conditions with brokers

The Lender Event featured a panel debate and provided networking

Welsh lenders discuss market conditions with brokers

Attending an event organised by Principality Building Society, four of Wales’ leading lenders discussed the current financial landscape with more than 150 mortgage brokers.

The Welsh Lender Event featured a panel debate with insights and predictions on the housing market in Wales. It was held at Principality Stadium and attended by Hodge, and mutuals Principality, Monmouthshire, and Swansea.

In addition to networking opportunities, attendees also received a valuation and market update from Connells and a presentation from the Mortgage Action Climate Group.

 

“Our common purpose, as a group of lenders, is to put our customers and members first during these volatile economic times, so it was great to join forces and bring this event to our broker partners, who support them in finding a home every day,” stated Julie-Ann Haines (pictured), chief executive at Principality Building Society.

“Principality has signed up to the UK government’s Mortgage Charter, which will give confidence to people worried about meeting their mortgage costs that real help is at hand. It is important as lenders, we encourage our mortgage customers who have concerns around financial difficulties, to reach out to us so that we can talk to them.”

David Landon, chief executive at Hodge added that the financial landscape was “undeniably unpredictable at the moment”, resulting to lenders continuously looking for new ways to support broker partners and customers.

“The Welsh Lending event is a fantastic opportunity for us to come together and discuss challenges and solutions head on,” Landon said. “Collaboration and knowledge sharing will ensure we are all as prepared as possible to be there for customers in the moments that matter.”

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