To mark the occasion, Market Financial Solutions (MFS) has produced an infographic explaining what has changed.
The lender’s infographic charts the key political and economic events to have occurred in the UK following the Brexit vote.
Starting in June 2016, the infographic references Theresa May’s appointment as prime minister and the Bank of England’s decision to cut interest rates to a record low of 0.25%.
It also looks at the Autumn Statement, as well as the key events up to and including the formal commencement of Brexit negotiations.
- 41% of SMEs negatively affected by Brexit
- UK remains most attractive global commercial real estate market
- MFS provides two re-bridges to allow borrowers breathing space
“In a snapshot, we have summarised some of the key events to understand what is affecting our borrowers’ and investors’ investment decisions and how resilient and robust the UK property market actually is,” said Paresh Raja, CEO of MFS (pictured above).
“It’s very important to recognise the climate and markets we are working in to provide safe and reliable bridging loans.”
You can view the infographic by clicking on the image below.
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