The vote in favour of Brexit at the recent EU referendum has produced a mixed set of consequences, to say the least.
It’s barely been a fortnight since the historic referendum vote, but with all the economic fallout which has ensued, it feels as though it took place during a previous lifetime.
Less than a week in, and the fallout from Brexit has been immense. The prime minister has already been a casualty, and the political and economic upheaval appears to have only just begun.
At Lending Works, one constant since we launched in January 2014 has been that home improvement loans have been one of the chief loan purposes among our borrowers.
The concept of lending and borrowing dates as far back as biblical times, although it was the early Italian pioneers who transformed this into the more fluid, quantifiable exchange we can associate with today.
Over the last decade, there can be little dispute that the reputation of mainstream banks – and particularly the so-called ‘Big Four’ (HSBC, Barclays, Lloyds and RBS) – is at its lowest ebb.