Getting a mortgage on furlough

Getting a mortgage on furlough

The furlough scheme has been extended again and around 15 per cent of the UK workforce are currently on furlough leave. Where do you stand in terms of getting a mortgage if you’ve been affected? Since the pandemic took hold of the UK in March, we’ve been keeping you...
What does the recession mean for the property market?

What does the recession mean for the property market?

We’re officially in a recession, but there is currently still a healthy demand for properties. So what does this mean for property prices in the coming months? The Office for National Statistics (ONS) has confirmed that the UK is in a recession for the first time in...
Has the mortgage situation changed for furloughed workers?

Has the mortgage situation changed for furloughed workers?

What are your chances of getting a mortgage if you’ve been furloughed? Is it getting less likely? In early June, we wrote a blog about getting a mortgage when you’ve been furloughed, stating that lenders will still consider applications from furloughed staff. We...
The property market sees a ‘mini boom’

The property market sees a ‘mini boom’

The Stamp Duty holiday has generated a property market boom according to Rightmove. So is now a good time to move? It’s been two weeks since the Chancellor Rishi Sunak announced the Stamp Duty holiday on properties in England and the housing market is already enjoying...