UK Mortgage Update – Coronavirus – 31 March 2020

How the UK Mortgage market has changed due to Coronavirus (COVID-19). How it has affected UK Mortgages on Buy To Let, Commercial and Bridging Finance. NEED A MORTGAGE? Arrange a callback to discuss a specific Residential or Commercial property you would like to buy or re-mortgage https://forms.gle/tEF2PkWcjDsntPC69 Plus we answer Mortgage questions from my subscribers: 1) Will the stress test for mortgage lenders change? — Anonymous 2) Is it still possible and a good time to raise funds from current btl properties? If so which is the best way, selling a property or remortgaging? If you have circa 400k equity in 4x BTL properties, can you raise funds from lenders with a floating charge on the properties? — GJ 3) What is your experience of a lender performing a Desktop Valuation? My current lending application is progressing very slowly due to the lockdown and a desktop valuation has been suggested. Are there and recommendations or tips to influence a good valuation via this method. — Neil Traxler 3) Is it still possible to get commercial mortgages for semi commercial/mixed use properties during this crisis period? — Dionne Condor-Farrell GET THE SHOW NOTES: https://mycastleproperty.co.uk/podcast ************************************************************************ ✉️ DON’T MISS AN EPISODE. SUBSCRIBE https://mycastleproperty.co.uk/subscribe 🎙️ PODCAST https://mycastleproperty.co.uk/podcast 💁🏼 FACEBOOK GROUP https://www.facebook.com/groups/sarahgeorgechoycommunity 📚 BOOKS https://mycastleproperty.co.uk/books TRAINING: https://mycastleproperty.co.uk/training - 💷 FINANCIAL FREEDOM MASTERCLASS - 🏠 PASSIVE PROPERTY MASTERCLASS - MENTORING https://mycastleproperty.co.uk/mentoring 😇 CHARITY WORK https://mycastleproperty.co.uk/charity 🌐 WEBSITE https://mycastleproperty.co.uk ************************************************************************ #GeorgeChoy *Disclosure: some of the links may be affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase. Any recommendations we personally make are things we’d recommend anyway, regardless of commission. Any opinions we express about products and services are our own unless stated otherwise. Terms and Conditions: https://mycastleproperty.co.uk/terms-and-conditions MUSIC: Dream of A Day — Density & Time