Positive news for the Mortgage market

Yesterday the government announced that surveyors in England can recommence visits to undertake physical valuations. Digital and remote alternatives are still preferred where possible, however if a digital solution cannot be found home visits will now be allowed as long as a risk assessment has been completed and social distancing is maintained.

From today, new regulations will come into force which will allow buyers and renters to once again view properties physically, arrange removals and move home, in line with social distancing measures.

This is positive news for the mortgage market and will allow property purchases and re-mortgages to start again.

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Posted on May 13, 2020 by Peter Marriott, in: Uncategorized

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