Homeowners will be able to add an additional two storeys to their homes through a fast track approval process, but brokers are not expecting it to make a significant difference to remortgage numbers.
Stay at home orders have eased and this week and prime minister Boris Johnson urged the nation to get back to work – a sign things could be returning to how they once were.
Brokers have reported an immediate surge in demand after the chancellor today announced a stamp duty holiday.
Brokers feel networks and clubs have done well to support them during the pandemic, but more can be done to ease difficulties relating to lender processes and personal wellbeing.
The chancellor is reportedly devising a scheme to extend mortgage holidays for those still in financial difficulty as a result of coronavirus.
With Covid-19 putting the property market on ice, industry experts join Leah Milner to gauge the potential impact on house prices
The British Mortgage Awards 2020 shortlists for brokers, lenders and wider industry finalists have been revealed.
Office for National Statistics figures on household finances paint a worrying picture of borrowers’ ability to cover mortgage costs once payment holidays end.
Buy-to-let advisers prove their worth in a battered lending market by helping stakeholders get to grips with the new financial reality.
“With Halifax and Scottish Widows now calling this, as well as Barclays yesterday, I am sure it will not be long before others to do the same.
