As you can see from the range of stories inside, 2019 has been a busy year for Cambridge & Counties Bank; from our expansion to the front line teams on both Property Finance and Asset Finance to the continued success of our Classic Car finance offering.
So, now the big question is ‘What do we believe 2020 will look like?’
Only one month into the new year and the pace is already frightening, as is some of the activity I've seen within the market place. Given the recent Brexit stalemate and general chaos, both political and macro-economic outlooks are increasingly unstable. House price growth has slowed to almost nothing and the London region has seen significant price falls in the high-end residential market.Download
November 2018 became a real milestone for the Bank as our continued growth saw our balance sheet break through the £1bn mark. A great testament to everyone involved with the Bank and central to that success remains our broker base.Download
In these pre-Brexit times, the property market appears to be entering a period of hiatus pending the “Deal or No Deal” outcome, similar to the slow down in activity levels we witnessed leading up to the referendum which was quickly followed by a surge in new business.Download
An Excellent Expo!
It was fabulous to catch up with so many of you at the recent NACFB Expo this year, especially as it was the
first time we've exhibited at the event.
As we gathered for our fifth annual Broker celebration,
it was amazing to see that another year has passed and
the Bank has reached 6 years old.
Welcome everyone to our latest newsletter, I think it's fair to say that this edition has something for everyone and is the best example yet of what makes Cambridge & Counties different!Download
Does it Make the Boat Go Faster?!
I recently attended a seminar in which the speaker had
worked with the Cambridge University Boat Racing Team.
He spoke about their unique sense of purpose and how it
dominated their approach to everything.
Merry Christmas from everyone at Cambridge & Counties Bank!Download
It has been an interesting few weeks with increasing media attention around the
impact of the latest PRA serviceability guidelines and a number of funders pulling
out of the BTL portfolio market as a result.
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