Looking at the activity in the Forsters' Banking team over the past 12 months, this recent message from the Estates Gazette doesn't come as a huge surprise, but it nevertheless sends a positive message to those involved in the UK real estate sector.

Things haven't always been easy for either lenders or their clients over the past couple of years but the market has shown its resilience in the past and appears to be doing so again. Open discussions and compromise between the parties, particularly where a borrower is suffering financially, have been the key to this bounceback and something that we've advocated in the past (see https://www.forsters.co.uk/news/blog/we-need-talk-financial-difficulties-and-facility-agreements).

That said, the imminent future won't be plain sailing. Rising living costs, supply chain issues, geopolitical upset and increasing interest rates are bound to take their toll, but no lender wants to have to call-in their loans and provided that parties can continue to be up-front with each other and agree practical terms in the first instance, I, for one, am confident that the industry won't end up on the rocks.