Business as usual for Lockdown 2.0
Fortunately, the property market has escaped any restrictions following the announcement of the November lockdown.
Housing Secretary, Robert Jenrick, has confirmed that house moves can continue when Thursday’s second national lockdown begins.
Full details are to be revealed later this week, the Housing Secretary made it clear that “the housing market will remain open throughout this period. Everyone should continue to play their part in reducing the spread of the virus by following the current guidance” adding “They will need to follow social distancing guidance that has already been published.”
There was also confirmation from some of the large surveyor firms today that they have been told they can continue to operate which was one of the biggest sticking points in the first lockdown.
Here at Sentry, we are all able to work remotely and it’s very much business as usual for us. We will be putting a hold on face to face client meetings but are available for virtual meetings, over the phone and email as normal.
We hope you and your family stay safe and well.
The blog postings on this site solely reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of Sentry Advice Limited. All comments are made in good faith, and neither Sentry Advice Limited nor the author will accept liability for them. No advice is given in any posting. Please contact your adviser for more information or advice.
Mortgages to Purchase a Property
Mortgages to purchase a property a fee of £495 is payable on application – this is fully refundable if we are unable to obtain a mortgage offer.
Remortgages
For processing a remortgage a fee of £295 is payable on application – this is fully refundable if we are unable to obtain a mortgage offer.
Rate Switch / Product Transfer
For processing a product transfer/rate switch where you are remaining with your current lender a fee of £145 is payable on application.
Adverse Credit
For applications where there is a history of adverse credit then a total fee of £495 will be charged, of which £245 is payable at the point a personal recommendation is made, whether you decide to proceed or not. The remaining £250 is payable if/when an application is made and is refundable if we are unable to obtain a mortgage offer.
Equity Release Mortgages
A total fee of £990 will be charged, of which £495 is payable at the point an application is made with a provider. The remaining £495 is payable if/when the application completes.
We can accept payment via bank transfer, credit/debit card via PayPal.
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Sentry Advice Limited are authorised and regulated by The Financial Conduct Authority and are entered on the Financial Services Register (www.fca.org.uk/register) under reference number: 624557
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