Those brokers who are moaning about the news that Skipton Building Society is now offering 95% LTV deals direct display little understanding of the industry or knowledge of criteria, yet they call themselves professionals.
The challenging past couple of years is just what this industry has needed for some time to separate the wheat from the chaff – to shoot down the cowboys and allow the true professionals to survive and grow stronger.
Try being a bricky, a ship builder or an estate agent during the recession. Yes, things have been tough, but deal with it.
Those who can’t should go and stack shelves in Tesco. Those who can will continue in the industry and prosper.