Despite heading into the snap election with a huge lead in the polls, Theresa May’s attempt to secure a bigger majority seems to have backfired tremendously. Now, here we are with a hung parliament, a possible agreement between the Conservatives and the DUP and yet more uncertainty for the market – and, indeed, the economy – at a time when the last thing we need is more instability.

There is talk of there being another election before the year is out (and there you were thinking you’d seen the back of your local polling station for at least a year or two!) and with Brexit negotiations now more up in the air than ever, it seems there is little we can count on at present.

This is obviously not good news for any market. We’ve had enough change, turbulence and disruption over the last two years or so to last us a lifetime and I’m sure we’re all hoping things will settle down soon. However, I do think the specialist lending market is better prepared to weather the storm than other sectors, and here’s why.

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If your whole proposition and ethos is based on following a precise format, any sense of uncertainty or change is going to be difficult for you. If you have a set way of dealing with clients and brokers and you never waver from that, what are you supposed to do when you are suddenly faced with the prospect of change? It’s going to take a lot of effort and a complete overhaul of your proposition to manage.

The specialist market, however, has always employed a degree of flexibility. There are criteria to follow, yes, but there is no rigid format that must be adhered to. As such, when there is turbulence within the market, when the needs and circumstances of clients change and when there are fresh challenges to face, the specialist sector is more adept at adjusting.

We all crave a bit of stability right now, not least homeowners, but the specialist sector can pride itself on being flexible and adaptable and, because of that, I’m sure it will benefit going forwards as we continue on these uncertain waters. Clients and brokers will know where to turn.