Bounce Back Loans – An Issue For Mortgage Applicants?

With stamp duty measures encouraging people to buy property, it is likely a lot of households will consider applying for a mortgage. When you consider the challenges many people, households and businesses have faced in 2020 because of the COVID-19 pandemic, it is positive to see so many people feeling optimistic as to what will…

Sizable Number Of People Took Mortgage Payment Holiday

According to information provided by the BBC, one-sixth of homeowners arranged a mortgage payment holiday. This is the equivalent of two million people, and it is important to note there are now some concerns about the longer-term impact of the mortgage payment holiday. Lisa Orme is the managing director of Keys Mortgages and she has…

Approval Of New Home Loans Falls

As would be expected by many people, the number of new home loans approved in Great Britain has decreased by 90% since the outbreak of the COVID-19 pandemic. The Bank of England states this is the lowest level since the early 1990s. Even though estate agents have been operating in the property market since mid-May,…

What Is The Real Cost Of A Mortgage Holiday?

Before you commit to a mortgage holiday, make sure you are comfortable with the costs of doing so.

How To Access Affordable Rate Mortgages?

While the pace with which the housing market re-opened in mid-May took a lot of people by surprise, the demand and activity which followed was predicted by many industry experts. It is believed around 370,000 property deals were placed on hold when the market was paused, so it was inevitable many of these people would…

Reasons For Optimism In Housing Market

With the property market re-opening, there is optimism surrounding house moves, and the market in general. There will be many people who decide it is best to wait before they move home, but for many people, this is the right time. A lot of circumstances will have changed during the lockdown, which makes moving a…

Rise In Mortgage Products Positive Sign

With the Government re-opening the housing market, there has been increased demand and movement in the market. While many people will hold off until there is more clarity in the market, it should come as no surprise that some people want to move as soon as possible. Some key figures stated by Rightmove since the…

Lenders Looking For Bigger Mortgage Deposits?

While these are unprecedented times, it is essential people try to retain as much normality in their life as possible. While it is crucial people follow social distancing guidelines and keep themselves safe, people will inevitably try to do the things they usually do. Also, if people had plans in place before the lockdown, likely,…

Mortgage Market Still Open For Business

The mortgage market is still open, allowing people to step onto the property ladder.

Mortgage Holiday For BTL Landlords And Tenants

With a mortgage holiday for btl lenders, there is support in the current situation.