October 16, 2020

Buying, selling and renting homes with the Government guidelines – October 2020

Following the Government’s announcement on 12th October, which introduced the three-tiered system, there have been questions raised about how this affects buying, selling and renting homes. We understand that many of your clients may feel unsettled during this time, but the good news is that you can still move home if you’re in a high alert level area. Further guidance has now been issued and financial advisers, estate and letting agents and removals firms can continue to work, and people […]
May 18, 2020

Re-opening the Housing Market – May 2020

Following recent Government announcements, in respect of re-opening the Housing Market, valuers are now permitted to carry out physical inspections of properties in England where government guidelines and safety assessments can be adhered to.  Thankfully, this will now mean all those mortgage applications stuck on hold with lenders, because a physical valuation was required, can now progress and hopefully move to offer and completion.   Colin, Director at Riviera Mortgages, said, “This is great news although I still expect the […]
May 12, 2020

Lender Criteria changes during Coronavirus – Can I Still Get a Mortgage?

The answer quite simply is YES you can.  Whilst mortgage lenders are still very much open for business their ability to lend is hampered by the current Coronavirus situation and the obstacles to lending this creates, such as:   Staff shortages With lockdown & social distancing restrictions in place all lenders are facing the problem of managing applications.  Whilst lenders are still actively open for business such restrictions negatively impact a lender’s ability to underwrite and process an application promptly, […]
May 4, 2020
10-ways-to-improve-your-home during

10 ways to improve your home during lockdown

A survey of more than 4,000 Brits has found that the majority of us (61%) have started a home DIY project during the coronavirus lockdown. We liked this article from The Bolton News which lists 10 ways to improve your home during lockdown. With home improvements in full swing across the country, asked 4,106 Brits about their DIY activity, including what projects they’re completing. The research found that more than half (55%) are painting walls, a third (32%) are landscaping their garden, […]
March 25, 2020

Coronavirus and your mortgage

Over the last week the mortgage world I once knew has radically changed, coronavirus has had a massive impact on all our day to day lives.  I am receiving bucket loads of emails by the minute from lenders updating us on what they are doing in light of coronavirus, just this minute I have received emails from both NatWest & Halifax stating all physical mortgage valuations are now on hold.  Therefore any mortgage application submitted that requires a physical valuation […]
March 17, 2020

COVID-19 update

We are working FROM HOME! We have now temporarily closed our office and will be continuing to support our customers from our desks at home. This is a very concerning time and we hope you are all safe and well. Should you wish to speak to us please call 01803 500190 or email us here > (Please bear with us as we may not be able to answer immediately.) I want to reassure all our current and future clients we […]
February 18, 2020

First-time home buyer guide

If you’re a first-time buyer wondering what you need to buy a house or flat, you’ve come to the right place. This guide from The Money Advice Service takes you through the process of buying your first home, including saving your deposit and applying for a mortgage. How much deposit do I need to buy a house? Before looking at properties, you need to save for a deposit. Generally, you need to try to save at least 5% to 20% […]
February 18, 2020

Home-buying process – steps to buying a new house or flat

Buying a home is a huge financial commitment and can be daunting – especially if you’re a first-time buyer. This timeline from The Money Advice Service is really helpful. Find out more about the steps to buying a home, including the process, key stages and what fees to expect. Stage 1 – Find a property you can afford Before you start house-hunting, it’s a good idea to work out what you can afford to spend on buying a house or […]
February 14, 2020

An Endless Merry-go-round

Buying or selling a home can feel like an endless merry-go-round for anyone caught up in a tortuous house move. In one £1.5m property in East Sussex, the fairground nature of many property transactions has been taken literally. The converted Victorian bathhouse is filled with funfair nostalgia. The home, which features a retro bowling alley, a basketball arcade game and a coconut shy above the sink, went on the market in 2019. It is not just the features which were […]
February 14, 2020

Mortgage Approvals Climb

Mortgage approvals in 2019 climbed 7.4% compared to the previous year according to the UK Finance figures, with December approvals up 24% compared to December 2018. “This should feed through into to a very active first quarter of 2020 for home sales and completion,” predicted Mike Scott, analyst at estate agent Yopa. “These figures provide further evidence for a post-election surge in housing market confidence and activity,” he added. Information and image courtesy of BBC News