In April, LV= launched desktop valuations to help customers access lending through equity release during the coronavirus outbreak.
Having studied the government’s plans for the ‘greening of finance’, Saffron Building Society has introduced a Retro-Fit Mortgage.
Paradigm member firms will now be able to register with the Ipswich via its website and begin submitting business within 24 hours.
This follows the launch of 3mc’s new website in March, featuring a comprehensive Compare Criteria tool.
The report outlined that reduced access to the EU market will profoundly impact businesses across the country.
The product has been designed to help borrowers balance affordability, optimal loan amount on day one, cashflow and loan-to-value (LTV).
Agents have been quick to respond to changed market conditions, with Zoopla recording a 90.5% month-on-month increase in use of Property Valuation Reports and Comparables Reports.
COVID-related terms, such as temporary LTV restrictions and furloughed workers, feature prominently in broker searches.
Investing in retirement housing and incentivising downsizers will help free up under-utilised family homes and address the UK’s housing crisis.
Data from over 700,000 users of the app has revealed the growing appetite for properties with a garden, with searches up 193%, while interest in terraces rose by 204%.