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…
Coronavirus Becomes the Tool for Mainstream Lenders to Increase Mortgage Rates
Despite the sharp reduction in base rate by the Bank of England from 0.75% to 0.25%, the borrowers will not get relief. The mainstream lenders/banks…
Interest-only mortgages near to maturity are in bad health
The UK economy is still shaking on some aspects. It is showing the effect on the everyday lives of the people. The interest-only mortgage is…
First-time Buyer Mortgage Deals In Maximum Number
The UK mortgage market acts stunning with its maximum number of available mortgage deals for first-time buyers. It has become a talk of the town…