Category: Residential Mortgages
The hub was launched alongside a range of buy-to-let (BTL) and residential products, in conjunction with Foundation Home Loans’ return to new lending.
Sales demand (unique enquiries) doubled from Tuesday to Wednesday, and was just 10% behind the same day in 2019.
A round-up of all the key statistics, updated regularly, to help you keep on top of trends in the mortgage market during the COVID-19 crisis.
The service provides specialist advice on mortgage and mortgage protection products from more than 50 lenders.
Overall, completions are consistently running ahead of both march and April, and May 2020 volumes are ahead of those from May 2019.
They have also made a number of criteria enhancements and improvements to the valuation process.
SimplyBiz has confirmed the agenda and panellists for its next Advice Show, taking place on Monday 18 May.
Some 77% of brokers believe lending will recover to pre COVID-19 levels within nine months.
Jeff Knight of Foundation Home Loans, said: “It is really pleasing to say that we can now offer our products to new applicants once again.”
For those who are unable to work from home, returning will mean working in a vastly different way compared to pre-lockdown norms.