Equity Release – A New ‘Normal’

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The Coronavirus and associated UK lockdown has had a dramatic impact on the world of Equity Release. There were three key parts of the application process which were affected – face to face meetings with prospective clients, valuations of properties and meetings with client Solicitors. CLIENT MEETINGS The first issue, face to face client meetings, became partly resolved with the immediate surge of […]

Mortgages in a locked down world

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During these unprecedented times, everybody and every way we work has been affected by Covid-19. I felt it would be worthwhile outlining just a few of the impacts it has had on the mortgage and housing market. There are concerns the housing market will see reduced house prices, with a report published by The Centre for Economics and Business Research suggesting a 13% […]

Should I take a payment holiday on my mortgage?

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We are being asked by some of our clients ‘should I take a payment holiday on my mortgage?’. If you have been furloughed as a result of the Coronavirus, it may be very tempting to apply to your mortgage lender for a 3-month payment break. For some, the break will undoubtedly be a valuable lifeline. Some workers have no Government financial support such […]

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