All our best wishes and heartfelt feelings go out for everyone during this COVD-19 crisis

 All our best wishes and heartfelt feelings go out for everyone during this COVD-19 crisis

My understanding of how we are all coping comes from a personal and professional one working within this current COVID-19 crisis. Many of my clients are discussing with me how they are finding it stressful both mentally and financially, and hoping for a return to normality soon. With those people already inside the buying process I am seeing that many factors depend on whether they can or cannot physically complete on a purchase now – and I am staying available to them for guidance.

For new remortgaging or purchasing cases it is still possible to apply with some of the main mortgage lenders, and they are staying open for business where they can. Whilst interest rates remain historically low, there are some areas of criteria which lenders are working on. The key issue is how valuations take shape and then they also have implemented temporary loan to value limitations on borrowing. I feel that these questions can be dealt with via an open discussion with your mortgage adviser, and for me that is the key behind securing the best advice.

Buying or financing property is a financial, physical and emotional decision – and today’s climate has an impact on us all. The main thing is to stay home and save lives, and I am personally supporting the Mind charity with donation open now.

We hope you are all well and speak soon.

Best Wishes

James Dawes

Found, JWD Mortgages

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