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Podcast: The Property Nomads Podcast
Episode: Challenges in the Financial Market - with Marc Champ
Description: Rob is joined once more by Marc Champ of Wharf Financial to discuss the current challenges in the financial industry, the difficulties they have been facing in recent weeks, including inflexible lending parameters and stricter criteria for loan approvals, and the potential impact of global events, such as the bankruptcy of Chinese property companies, on the property market. KEY TAKEAWAYS August is a difficult month for deals in the financial industry, as many people take holidays, leading to delays and challenges in getting deals through. Lenders have become less flexible and more stringent in their lending p...