The Buy to Let market – sustainable growth?
Having recently attended a forum of experienced industry experts it was interesting to see what they perceived to be the major challenges facing the lending industry at the present time. The uncertainty in the Buy to Let (BTL) market, the use of Fintech and the perennial problem of lending into retirement dominated the conversation. We […]
Lending opportunities in Iberia
We have seen more activity in Iberia over the last 3 months than has been evident for some time. We can specifically see several niche opportunities within the lending origination space, either as a lender or by providing warehouse funding to a third-party originator. Some of these potential opportunities exist within the following sectors: In […]
Lending into retirement: problem not solved
According to the Building Societies Association, the UK already has 11.6 million people over the age of 65 and predicts this will rise to 16 million within 20 years. The combination of an ageing population and the adoption of no fixed retirement age has meant some people who were approaching retirement want or need to […]
Vulnerable customers; how good are your policies?
With the New Year upon us, a high percentage of individuals and families are relying on borrowing money and extending credit to meet higher than normal outgoings incurred at Christmas and the extended holiday period. Some customers at this time of year can often experience financial hardship. It is also true that many providers of […]
Meet Rockstead at Global ABS 2017
Rockstead will be exhibiting at Global ABS 2017 in Barcelona 6 – 8 June. If you are attending the event, please drop by our stand and say hello – we’d be delighted to meet you. You can find out more information here.
Loan portfolio trades; the importance of Due Diligence
There has been some recovery in the trading of mortgage assets over the past five years, particularly in the non-performing sector. The improving trend has continued, and we have seen numerous loan book trades in the UK and Europe and many commentators report that they expect even more activity in the next 12 months. Clearly […]
Rockstead at Global ABS 2017 in Barcelona
Rockstead recently exhibited at Global ABS 2017 in Barcelona. We joined issuers, investors and other service providers in another successful annual ABS conference and took the opportunity to showcase our UK, Ireland and European asset, process and business due diligence capabilities. Please get in touch if you want to discuss any of your own requirements.
Interest only – has inertia set in?
We have commentated on this topic several times before and undoubtedly some progress has been made by lenders, but recently mortgage portfolio trades have contained large proportions of interest only loans and there has also been a renewed focus by the FCA. Despite some commentators suggesting that this issue is a low risk one, the […]
Mortgage Market Study and Working Together
There were raised eyebrows recently when the Financial Conduct Authority (“FCA”) announced another mortgage market ‘review’, this one entitled a mortgage market study (“MMS”) which is due to take place in Q4 of 2016. This follows feedback it received when asking for commentary on areas of the mortgage sector where competition may not be working […]
Dangers of Real Estate Owned (REO) portfolios in Catalonia
A new Law Decree was implemented on 27 March 2015 by the Generalitat de Catalonia, together with further rules set by the Law Decree 67/2015 dated 5 May 2015, which may affect portfolio investments from a timing and cost perspective. The first new law adopts a series of measures e.g. communicating formally to the Agència […]
