Salman Haqqi said: “Many businesses are still closed and the full extent of job losses is still becoming clear, so any extension to the scheme will be welcomed.”
It has set out the five key phases of transition, with movement into the first phase set to occur following the 28 May end-of-cycle review of COVID-19 regulations.
As the market start to reopen, the lender is re-entering some of the markets it was forced to withdraw from as a result of the COVID-19 outbreak.
Specialist buy-to-let lender Zephyr Homeloans has resumed physical valuations following the easing of government restrictions.
The AMI has voiced its disappointment that in freezing fees for smaller firms only, the FCA has not provided support for firms of all sizes.
Tipton & Coseley Building Society has reduced its 3 and 5-year later life fixed rate products.
A total of 30 new deals across 75%, 80% and 85% LTV will be available from Friday 22 May.
Newcastle Intermediaries has resumed physical valuations on properties in England, in cases where social distancing and safety measures can be met.
Although transaction volumes may recover at pace following the reopening of the market, buyers may use this opportunity to renegotiate with vendors.
The guide, entitled ‘Your guide to getting the care you need’, provides practical advice on the variety of care options available to clients.