Legal and General Mortgage Club | A year in reflection and what’s to come. Read this blog from Emily Smith, Head of Marketing & Distribution at Harpenden Building Society, as she looks back at the challenges that 2021 brought to brokers and homebuyers and what 2022 holds for the market and the building society.
Emily Smith, Head of Marketing & Distribution, Harpenden Building Society
In 2021, we saw continuous, rapid change in our lives and work. We all felt the aftermath of Brexit and the ongoing challenges of COVID-19, and no one escaped.
There was considerable demand for mortgages as people moved to more rural areas to avoid COVID-19.
We financed home improvements as we spent more time living and working there; lending uptake was fuelled by the stamp duty holiday, making 2021 a bumper year for the mortgage industry.
The scene is now set for 2022, and what I believe will be another profitable 12 months for brokers and the lenders who serve them.
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