Join us at 12 noon on Thursday 25th November for an in-depth discussion around the challenges of supply and demand in the property market. Our expert panel will be reflecting on 2021 and looking ahead at how that dynamic will develop in 2022 and beyond.
Hosted by Joe Pepper, CEO of tmgroup, who will be joined by:
Jonathan Buckle, Lloyds Banking
Greg Cunnington, Alexander Hall
James Ginley, esurv
Martin McCreath, Your Move and Reeds Rains
Daniel Morgan, Rightmove
The panel will be discussing key questions about supply and demand, including;
What's likely to happen to interest rates?
What's the anticipated fall out of supply chain issues and labour shortages?
What's likely to shape consumer confidence - for better or for worse?
Will the lack of supply prop up the market - whatever happens?
Can't wait until 25th? For a sneak peek at what the session will explore, take a look at what one of the panelists - Greg Cunnington, Director of Lender Relationships and New Homes at Alexander Hall - has to say about supply and demand in 2022;
"As mortgage lenders realise there is less margin to be made in competing on rate, we will see them look to use criteria improvements as a means to generate increased application volumes. We have seen some very positive criteria improvements in recent weeks, including three major lenders now lending to 5.5x income to higher earner clients, and another lender increasing the percentage of bonus income they will take into consideration, as an example. I expect these improvements to continue into 2022, meaning better mortgage options for more clients to boost their purchase potential."
If you have any questions for the panel which you'd like to share in advance, please email firstname.lastname@example.org