Mortgage Update 19.05.2020
Award-winning developer London Square has all the latest news on mortgages in its new webinar, Mortgage Update, part of the London Square Intelligence series, which showcase all the essential information needed by people planning to buy a new home.
Leading financial expert David Hall, of Oriel Finance, discusses how the lowest ever mortgage rates are now available, with income multiples back to pre-lockdown levels. He reveals that all the major lenders are now accepting applications and that valuations are taking place again, with strict health and hygiene rules in place. According to David Hall, there is significant pent up demand, with Rightmove’s latest index report stating they saw an increase of 111 per cent in new sales listings, week on week, on the day the property re-opened.