In Episode 39 of The Broker Collective, Riz Malik, Jamie Lennox, and Lewis Shaw tackle the state of the UK mortgage and property market as summer kicks off. They discuss July’s unexpectedly strong performance, feelings of burnout in the broker community, and growing concerns over affordability and inflated house prices.

With base rate cuts looming, the trio examine the impact of swap rates, lender competition, and the rise of high LTI mortgages, drawing parallels, perhaps cautiously, with 2008. The conversation also highlights potential policy shifts encouraging landlords to sell to tenants, capital gains tax implications, and the increasing relevance of limited company buy-to-let lending.

Later, they’re joined by Jeremy Duncombe, Managing Director of Accord Mortgages, who sheds light on support for first-time buyers, LTI innovation, the rationale behind Accord’s £5K deposit mortgage, and how technology and common-sense lending criteria continue to shape the market. Jeremy also shares insights into the role of AI in advice and his outlook on interest rates and buy-to-let trends.

Key Talking Points:

• Broker fatigue and summer deal flow
• Fed hold & Bank of England base rate expectations
• Lender competition: Rate cuts vs. criteria shifts
• High LTI lending – prudent policy or risky deja vu?
• Buy-to-let market evolution and landlord exits
• Interview with Accord MD Jeremy Duncombe on affordability, innovation, and AI