Mortgage approvals plummet in April
Approvals down to a 7 year low but signs of banks re establishing Mortgage approvals for house purchase plunged by…
Confusion over mortgage payment breaks could make matters worse
25% of those questioned have cancelled direct debits without approval A quarter of people seeking mortgage payment holidays are cancelling…
Over 1.2 million borrowers secure mortgage payment break
61,000 payment breaks being granted per day More than 1.2 million households have been granted mortgage holidays under measures to…
Credit score guarantee for borrowers on Covid 19 payment breaks
Special measures announced by credit reference agencies Credit scores of borrowers who take Covid-19 payment holidays will be protected under…
UK banks not passing on interest rate cuts
Many key mortgage products increase despite lowest ever base rate Britain’s banks have defied the Treasury and Bank of…
Government effectively shuts down property market
Latest advice effectively puts property market on hold With some banks already withdrawing mortgages from sale, the government’s order that…
UK Government announce help for self – employed
Major relief for self – employed but no payments until at least June Self-employed workers can apply for a grant…
Service Update
Covid 19 Service Update Folks the majority of mortgage lenders are now slowly grinding to a halt for new applications….
3 month payment break can also apply to private tenants
Landlords being encouraged to work with their tenants Anyone struggling with mortgage or rental payments due to the coronavirus can…
Lenders start to offer online option for mortgage payment break
Quick links for Halifax, Nationwide &Santander with more set to follow Halifax, Santander & Nationwide customers looking for a mortgage…