The Five Minute Interview with Akhil Mair, Managing Director, Our Mortgage Broker


Akhil Mair Our Mortgage Broker

Our Mortgage Broker was founded with one goal in mind, being the most trusted, referred and sought after residential and commercial broker in the UK.

Our Mortgage Broker are a specialist property finance brokerage offering a wide range of financial services for a variety of purposes, including asset based lending, short-term finance and bespoke financial solutions for residential and commercial property for UK and foreign nationals.

As an impartial, discrete and qualified advisory team they have the experience and knowledge to find you a bespoke and cost saving property finance alternative.

We speak to managing director, Akhil Mair:

What is the best thing about being in the bridging & development finance business?

It’s difficult to narrow down to just one thing – so here’s my top 4.

Every lender assesses and underwrites each deal on its own merit, as such, this means there is not an off the shelf product which means you are provided with bespoke terms.

Bridging and development finance lenders are able to provide credit backed terms in a matter of hours and can initiate the security valuation and instruct legal conveyancing at the same time on most occasions.

Bridging finance (short term finance) is a great way to enhance your cash flow. This finance alternative allows you to add the interest and be rolled up into the loan compared to a mortgage where you have to service the loan monthly – great for cash flow.

Expensive – This word used to be associated with bridging a lot, but with strong client demand for alternative property finance solutions has forced lenders to compete with one another rates and terms which means I am able to get the lenders competing for my client’s business.

What keeps you focused?

Working in a competitive and revolving finance industry means I ensure I am always seeking and finding alternative ways to broker my clients residential and commercial finance deals the most cost-effective and tax efficient way.

What qualities do you look for in your employees or colleagues?

Starts with a YES mindset when they engage with a prospect client.

Does not accept a decline decision and fights to find an alternative solution for our client.

Has fun and does not treat it like a job.

Are you an optimist or a pessimist?

I am in the business to successfully broker property funding deals – so an optimist at heart but a realist in my mind.

What did you want to be as a child?

A Lawyer or Doctorr (I’m Asian come on).

What will be the greatest challenge facing the bridging finance industry in the coming months?

The increasing numbers of lenders in this space and the profit spread between raising finance and lending.

Who or what makes you laugh?

At home – it’s my 8 and 4-year-old boys. They are growing up way too fast for me to keep up with.

At the office – Valuers comments, ever increasing no money down strategies and the optimistic development deal appraisals with no real life comparable.

Do you dread Monday mornings?

As a child every Monday was like a horror movie, I once tried to persuade my mum it was Sunday to avoid going to school – I did not convince her unfortunately.

As time has passed and my responsibility has grown, I look forward to Mondays, I just wished lenders and solicitors were open on weekends so I can move my deals faster to the next stage.

If you could change one thing about yourself, what would it be?

That’s a secret.

With whom would you most like to have dinner?

Donald Trump, why… Love him or hate him, his success speaks for himself.