Category: News
The Right Mortgage and Protection Network has created a new hub for its members to assist them during the coronavirus pandemic.
Harris noted that the self-employed making profits of over £50,000 would not be part of the scheme.
Matthew Sibley director of Durham Money has been forced in to self-isolation for 12 weeks after being classed as a vulnerable person.
The MHCLG have ordered that home buyers and renters should, where possible, delay moving to a new house whilst isolation measures are in place.
The system is available to all UK mortgage advisers at no cost.
The society has also provided a contact number for borrowers who will have offers expire in the short term.
With a significant amount of brokers self-employed there had been concerns that they could fall outside the government safety net.
This confirms the situation for all business submitted up to and including Thursday 26 March.
Those with loans, residential and buy-to-bet mortgages are entitled to a three-month repayment holiday.
However, the lender has revealed that it will continue to accept buy-to-let applications.