As expected, the UK mortgage approvals are down with a significant number. The responsible cause is well-known; yes, the covid-19 pandemic is making everything difficult….
Offset Mortgages Become Attainable Due To Drop in the Interest Rates
The drastic drop in the average interest rates of the offset mortgages has made them extremely competitive. Usually more expensive than the standard mortgages, the…
The Comeback of Mortgage Lenders Brings Hope for Borrowers
After a temporary but stressful lockdown period of the mortgage market due to corona, the lenders are now coming back. The lending business and the…
Covid-19 programs drastic drop of 350,000 mortgage approvals
As expected, the coronavirus effect is showing on the mortgage market of the UK. The short but effective lockdown of the lending industry finally gives…
Perils of having a bad credit score
Poor things bring only perils just like poor credit score, which you also call bad credit rating. To win the battle, it is necessary to…
UK lenders will offer mortgage payment holiday on 1.2m mortgages
As the mess of Covid -19 has taken the world in its domination the mortgage bearers are now in great difficulty. In response, the lenders…
HSBC changes mortgage income assessment strategy due to coronavirus
The big lenders cannot stay untouched from the common effect of coronavirus. The recent change in the HSBC income assessment strategy is a perfect example…
Why lenders sell a mortgage to the other and how it affects borrowers?
Maybe you are aware, perhaps not, but it is a reality that you lender can sell your mortgage deal to the other lender. It is…
UK mortgage market partial lockdown, no impact on existing applications
The common coronavirus is showing its effect on the UK mortgage market. The lenders and the brokers are practising a partial lockdown. It has sent…