A lack of updates, redeployed staff and the need to discuss cases before they are submitted has left brokers speculating whether they are being discouraged from working with overwhelmed lenders.
A decision in principle (DIP) gives some way in indicating how eligible a client might be for a mortgage but with lenders assessing risk and adjusting criteria, they might not be as representative as they once were.
According to official figures, by the start of 2020, there were more than five million self-employed workers in the UK. More than one in seven people now work for themselves
During the coronavirus crisis, activity in the UK’s property sector fell sharply. Lockdown prevented viewings and valuations, and so property transactions fell by around a half in April and May
Since we established Altura in 2019, we’ve grown quickly both in terms of client numbers and reputation. Now, we’ve reached a point where we’re looking to expand, and so if
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.
One of the consequences of the coronavirus pandemic has been that millions of employees across the country have been working from home. Whether it’s a dedicated office or a bit
Earlier this year, many commentators were expecting the Bank of England to increase the Base rate. A decisive General Election result had seen confidence return to the economy, and it
