Coronavirus: What financial help is available and how you can claim Nottingham Estate Agents

With many questions surrounding the financial implications of COVID-19, OnTheMarket takes a look at the help available for homeowners, renters and those worried about their salaries. Coronavirus mortgage holiday In a bid to help homeowners who are struggling to pay their mortgage due to COVID-19, the Government has announced a three-month payment holiday. To apply, homeowners […]

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Halifax withdraws majority of mortgages

Lender flooded with requests for payment holidays while valuers unable to inspect properties due to coronavirus

• Coronavirus – latest updates

Halifax, the UK’s biggest mortgage lender, has withdrawn the majority of its mortgage range, including all first-time buyer loans, citing a lack of “processing resource”.

In a message sent to mortgage brokers this morning, Halifax said it would no longer offer any mortgages with a “loan-to-value” (LTV) of more than 60%. In other words, only buyers able to put down a 40% deposit will qualify for a loan.

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Estate agents put some work on hold to deliver food to the elderly

We're all in this together.

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Home evictions rising in Covid-19 crisis, warns Labour

Shadow minister calls for extra ‘housing safety net’ and tenancy guarantees for renters

• Coronavirus – latest updates
• See all our coronavirus coverage

Landlords appear to be evicting tenants at record rates despite the government’s promise that no one will lose their home because of coronavirus, Labour has said, as it called for an urgent package of housing benefit support.

John Healey, the shadow housing secretary, said he had received a whistleblowing email from a property management company saying that evictions were at a record high in their region.

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What does coronavirus mean for homeowners with a mortgage? Nottingham Estate Agents

The coronavirus pandemic has precipitated some major changes to the situation of homeowners in the UK. In less than two weeks the Bank of England has twice lowered the base rate of interest to where it now sits at a record low. In collaboration with the financial industry, the Government announced a three-month mortgage holiday […]

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Original Dragons’ Den warehouse is up for rent

Are you in or out?

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What does a mortgage holiday mean?

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