UK Mortgage Update – Coronavirus – 31 March 2020

<p>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.</p> <p>👉 Need a mortgage fast? Click the link to arrange a callback from Mortgage Broker - Paul Davies* <a href="http://bit.ly/ukmortgagebroker"><strong>http://bit.ly/ukmortgagebroker</strong></a></p> <p>Plus we answer Mortgage questions from my subscribers:</p> <p><strong>1)&nbsp;Will the stress test for mortgage lenders change?</strong><br> <em>— Anonymous</em></p> <p><strong>2)&nbsp;Is it still possible and a good time to raise funds from current btl properties?</strong></p> <p>If so which is the best way, selling a property or remortgaging?<br> If you have circa 400k equity in 4x BTL properties, can you raise funds from lenders with a floating charge on the properties?<br> <em>—&nbsp;GJ</em></p> <p><strong>3) What is your experience of a lender performing a Desktop Valuation?</strong><br> 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.<br> <em>— Neil Traxler</em></p> <p><strong>3) Is it still possible to get commercial mortgages for semi commercial/mixed use properties during this crisis period?</strong><br> <em>— Dionne Condor-Farrell</em></p> <p><strong>GET THE SHOW NOTES: </strong><a href="https://mycastleproperty.co.uk/podcast">https://mycastleproperty.co.uk/podcast</a></p> <p>************************************************************************</p> <p>✉️<strong> DON’T MISS AN EPISODE. SUBSCRIBE </strong><a href="https://mycastleproperty.co.uk/subscribe">https://mycastleproperty.co.uk/subscribe</a></p> <p>🎙️<strong> PODCAST </strong><a href="https://mycastleproperty.co.uk/podcast">https://mycastleproperty.co.uk/podcast</a></p> <p>💁🏼<strong> FACEBOOK GROUP </strong><a href="https://www.facebook.com/groups/sarahgeorgechoycommunity">https://www.facebook.com/groups/sarahgeorgechoycommunity</a></p> <