Mr Gardner added: "These same measures should also help ensure the impact on the housing market will ultimately be less than would normally be associated with an economic shock of this magnitude."IT'S up to individual lenders to decide whether or not they take into account a coronavirus payment holiday when considering a mortgage application.
For example, a payment holiday with another lender won't have an impact on your mortgage application.All three banks are owned by Lloyds Banking Group. They've said that it will take payment breaks into consideration when deciding whether to lend to you, even if you took it out due to the coronavirus crisis.Both are part of the same banking group, Royal Bank of Scotland.
He said: "The market feels a bit like returning after the Christmas/New Year break, with buyers and sellers waiting to see who will blink first as prices establish their post-Covid level."high loan to value mortgages for first time buyers againAnd as lockdown is eased, physical valuations are allowed to resume as long as social distancing is maintained in a bid to kick start the economy through the housing market.
"With some lenders cutting mortgage rates to ever lower levels, they are sending out a clear message to borrowers that they are open for business.
Good stuff
no you all need to wake up now it’s embarrassing you can’t see this is a scam by now. Death rates don’t equate to anything like w pandemic and what we’ve seen imposed on us. CDC said last week chances of dying 0.26% less than the common flu!
Right. Its the coronavirus thats responsible for property price changes. Not violent criminals looting, destroying and burning shit down.