In episode 51 of the Growth Series podcast, Nicola Alvarez, Corporate Account Manager at Accord Mortgages, is joined by Stacey Wood, National Newbuild and Surveying Relationship Manager at Sesame Bankhall Group (SBG). In her role, Stacey supports advisers by providing knowledge and insight into the new build world. In this episode, Stacey and Nicola take a look into the current Help-to-Buy scheme and what changes will take place when the new one comes into action.
Stacey and Nicola discuss the changes to the Help-to-Buy scheme that will be taking place in 2021. Stacey illuminates some of the major differences, reminding listeners that this will be a whole new scheme in 2021. She also highlights important dates to remember as the original scheme draws to a close and the new one launches.
The two then go on to explore some of the available support out there for brokers, from the guides that SBG and Accord have worked on together to the specific tools and insights that SBG have gathered for brokers and advisers on their site. Stacey and Nicola also cover the ways that brokers can offer assistance to those buyers not eligible for the Help-to-Buy scheme.
Stacey wraps things up by sharing her thoughts on the opportunities for innovation in the newbuild market, the challenges that the sector may face in the coming year, how brokers can grow their business alongside the Help-to-Buy scheme, and what brokers can be doing to support clients.
The Growth Series is a dedicated resource that aims to help mortgage brokers grow their business using digital and communications marketing techniques. For more hints and tips on how to grow your business, you can sign up to the Growth Series for free, here.
0.54 - 19.40 discuss:
An introduction to Stacey’s career
Changes between the two schemes
Clarification around the price cap
Why concerns about decreasing quality may be unfounded
What advisers can do to prepare for the end of the Stamp Duty holiday and the initial Help-to-buy scheme
How SBG are supporting advisers
How brokers can assist buyers who are not eligible for the scheme
The opportunities for innovation in the market
Challenges facing builders in light of Covid-19
Collaboration in the newbuild space
Opportunities for brokers to build their business with the new scheme
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Accord Mortgages Limited is authorised and regulated by the Financial Conduct Authority. Accord Mortgages Limited is entered in the Financial Services Register under registration number 305936. Buy to Let mortgages for business purposes are not regulated by the Financial Conduct Authority. Accord Mortgages Limited is registered in England No: 2139881. Registered Office: Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ. Accord Mortgages is a registered Trade Mark of Accord Mortgages Limited.
References to 'YBS Group' or 'Yorkshire Group' refer to Yorkshire Building Society, the trading names under which it operates (Chelsea Building Society, the Chelsea, Norwich & Peterborough Building Society, N&P and Egg) and its subsidiary companies.
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