Mortgage warning: Lenders & conveyancers to face delays as stamp duty deadline approaches | Personal Finance | Finance


In late December, Miles Robinson, the Head of Mortgages at Trussle, provided the following comments on the troubled mortgage market: “2020 has been a tough year for everyone and lenders are certainly not immune from the pressure.

“The strains of adapting processes during the pandemic coupled with increased demand have seen many wait times extend to unprecedented levels.

“Mortgage approval times are extremely important to the wider process of purchasing a property.

“And as many race to beat the stamp duty deadline, securing a mortgage is quickly becoming imperative to saving up to £15,000.

Source link


Please enter your comment!
Please enter your name here