Matching the lender to the loan

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That was the title of the piece that I did in 2011, commenting upon unusual and unexpected new entrants into the lending market. The traditional lenders, banks, were for the most part,  on the floor and new cash – rich entities were taking their place. The stock market was sluggish and many thought that the route to return Nirvana was central London residential. And so it proved for some.

So what has changed? Well, everything and nothing.  Continue reading…