How The Covid-19 Affect Your Mortgage in Doncaster

Coronavirus | Mortgage Advisor in Doncaster

What may happen to my Mortgage? | Mortgage Broker in Doncaster

We understand the effect this outbreak will have on the economy, and some of you may be wondering how the COVID-19 with affect your mortgage? But we would like to point out that we can still help you. We are devoted to our clients and provide fast & friendly Mortgage Advice in Doncaster & the surrounding area.

Mortgage Advice in Doncaster During the Outbreak

  • Our mortgage advice service over the telephone.
  • Progressing your mortgage application.
  • Bank of England rate reduction and what this means for you.
  • Concerns about not being able to pay for your existing mortgage.
  • Mortgage industry reactions to the coronavirus.

Our Mortgage Advice Service Over the Telephone

There’s been no change to mortgage advice service, although, we’re finding that more and more customers want to transact over the phone. We still offer a free, no-obligation mortgage consultation, and it’s the same service seven days a week.  Either way, our advisors are available until late to answer all your mortgage related questions.

Processing your Mortgage Application in Doncaster

Business as usual, here we will help you throughout processing your mortgage application.

Bank of England Rate Reduction and What This Means for you

Following the recent rate reduction, most lenders have decided to lower their standard variable rates. For new applicants, it’s our job to ensure that we search for the best mortgage deal for you.

Some fixed rates on offer have actually gone up despite the rate cut!

Concerns About an Existing Mortgage

If you have been affected by the coronavirus economic wave and are concerned about meeting your mortgage payment, then please call your lender right away. Often, they are very understanding and will agree on a mortgage payment holiday period to help. 

Mortgage Industry Reaction to Coronavirus

Interest rates are historically very low, and lenders show no sign of significantly increasing these. For First Time Buyers, Home Movers and Remortgage customers, this is brilliant news.  There’s never been a better time to get a mortgage!


Doncastermoneyman.com & Doncastermoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows

The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
www.financial-ombudsman.org.uk

© 2023 Doncastermoneyman

Doncastermoneyman, 3 Cavendish Court, South Parade, Doncaster, DN1 2DJ.

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