Newcastle Intermediaries has launched two fee-free remortgage deals with the option of cashback or free standard legal fee. Newcastle commits to supporting this market. They have created a very competitive range of products to further support borrower’s re-mortgaging needs. The deals are for the: Borrowers only requiring 60% loan-to-value(LTV) it is offering a two-year…
All Posts in "Mortgage News" Category
Category archive page
On 20 March 2020, the FCA published new guidance for mortgage providers and for lenders taking part in the Coronavirus Business Interruption Loan Scheme. The new guidance clears up some of the uncertainties surrounding the Mortgage Holidays announced last week by the government. Payment Holidays mean customers agree with their lender that they will not…
The mortgage lenders agreed to support customers experiencing personal financial difficulties as a result of Coronavirus (Covid-19). They have announced a mortgage payment holiday for customers affected by covid-19. All homeowners (unable to pay) will be able to claim three-month mortgage payment holiday because of Coronavirus. Chancellor Rishi Sunak has claimed that all mortgage…
Boris announced that he would bring forward emergency legislation after he was accused of ‘ignoring’ those in privately-rented accommodation. The government stated no-one should have to risk losing their home as a result of the Covid-19 pandemic. Housing Secretary Robert Jenrick said landlords could not start proceeding to evict tenants for at least a three-month…