Mark has worked in financial services for over 30 years. In 2005 he was responsible for developing Barclays UK’s private bank franchise and was a member of Barclays Wealth’s global management committee, building the Ultra High Net Worth business across EMEA. Prior to this, he was MD and Head of Debt and Equity Capital Markets and Risk Management in EMEA. Until February 2004, Mark also ran the Investment Banking UK arm and was responsible for the largest relationships Barclays had in the UK. He has been a P2P investor for 10 years.
Mark asserted that the talent pool in property lending is now ‘in the alternative space’. He also said of platforms that get pricing and risk wrong: “The speed at which they came is the speed at which they’ll go.”
Uma said that alternative property lenders have to adapt their position in the market based on where we are in the property cycle.
James said that the interest rate cycle ‘is not going back to the way it was’ and that this opens up opportunities for alternative lenders to attract investment.
Marek said that EstateGuru’s main value proposition is that it allows investors to build a property portfolio that is diversified by geography.