20th September 2018

Over the past few days, you may well have seen the press response to the briefing that Mark Carney, Governor of the Bank of England, provided to the government in the event of a no deal Brexit outcome. Whilst we don’t want to second guess what will happen next March, we do think that it’s a timely reminder to reassure our lender community that Invest & Fund’s senior lending credit appetite has always been anchored by a prudent approach to lending for any given project. Essentially this means that we always ensure there is an appropriate buffer in place which would cover a material market correction and still allow a positive outcome for lenders. Naturally, there will be a level of correction beyond which full repayment cannot be guaranteed.

In addition, we will consider geography and specific location as well as a successful developer track record. Invest & Fund have always deliberately maintained a cautious approach to those parts of the property market that we consider to be over heated, including Central London, where property prices may be impacted the most in the event of any economic downturn.
Invest & Fund remain optimistic about the future of property development as an asset class. However it should be noted that lenders capital is at risk. If you do have any queries on the above, please give Adam Barrett – Head of Lending a call on 0207 464 4454.

Lenders’ capital is at risk. Remember, payments are not guaranteed if the borrower defaults. Invest and Fund Limited is authorised and regulated by the Financial Conduct Authority (FRN: 711378). For further information please visit www.fca.org.uk. Invest and Fund Ltd is not covered by the Financial Services Compensation Scheme. Invest and Fund Ltd (No. 8277803) is registered in England and Wales. The registered address is the HCP Building, Chichester Road, Ponswood, St Leonards-On-Sea, East Sussex, TN38 9BG.
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