COVID 19 Update Page Updated 22/05/2020
How does it work
At View Finance Our Specialist Mortgage Advisors although based in Derby already deal with applications all over the UK - Social distancing for us is not a problem as we can complete your application by Phone, Email or Post and when it is safe to do so we will be open for face to face appointments within our travel policy. Our Advisors are happy to make call backs in the evenings and weekends or a time to suit.
If you are concerned about your mortgage or would like a financial review please contact us - Our intial review is always at the advisors own cost and you would never be charged for us finding out what is possible whether you decide to use us or not - We also do not carry our any credit searches without your consent.
Are Lenders still Lending
During these challenging time it is still possible to obtain a mortgage many lenders still lending but with some restrictions in place. For those with greater deposits e.g. 20% or more then various alternatives for valuations can take place such as Desktop Valuation or AVM (Automated) should there be enough data and information about the property or Area.
There is a lender that can provide automated valuations up to 90% loan to value but they are very strict regarding credit status and income.
Some lenders are also taking into account a furloughed income and are happy to use this if you have been placed in temporary redundancy - should you be unsure of your options please contact us for further information.
Latest update 22/05/2020
Following slight ease and lift of restrictions of the UK lockdown - Lending is still restricted although some lending is is capped at 75% ltv with certain lenders and these lenders will have back logs of applications to clear and houses to Value for existing applications that were made pre lockdown as valuers are now allowed to return to visit properties
Payment Breaks and Holidays
For people that are struggling as there job or income may be affected, Many Lenders are offering a payment break please see our contact page
If you would like to find out whether or not you are eligible to apply for a mortgage, or would just benefit from some more information on Mortgages then contact us today on
Call 0333 320 8658
Click Here - to make an enquiry
Send us an email to [email protected] and one of our advisers will be happy to speak with you.