Base jumping is described as ‘a sport in which a participant parachutes from any of a variety of fixed objects such as high buildings, cliffs, etc’. As a mortgage industry we seem to be approaching 2021 in the same way – except perhaps blindfolded, and without parachutes.
We are facing a number of tall places and sharp edges. The end of the stamp duty holiday, the ending of the furlough scheme, the ending of the rental eviction ban, the end of mortgage payment holiday arrangements. Any one of these would pose a challenge to the mortgage industry – but all together?
Our panel of industry leaders will look back at the lessons of an extraordinary year, and speculate how our base jumps into the unknowns of 2021 will work out. How are our industry sectors prepared – estate agency, mortgage broking, surveying, lending and conveyancing ? What should regulators, central bankers and Government be doing to prepare for the coming shocks to the system?
Richard Fearon, CEO, Leeds Building Society
Dev Malle, Group Distribution Director, Simplify
Chris Pearson, Head of Intermediary Mortgages, Wealth and Personal Banking, HSBC UK
Adrian Scott, Group Mortgage Services Director, Connells
Ben Thompson, Deputy CEO, Mortgage Advice Bureau
Kevin Webb, Managing Director, Legal & General Surveying Services
Chair: Stephen Smith, Former Director of Housing Strategy, Legal & General