The best mortgage rates, market urgency and EWS1 requirements

Host Simon is joined by Simon Glastonbury, a seasoned independent mortgage broker. They note an uptick in available properties but a corresponding dip in buyer urgency, and round-up the latest mortgage rates.

They delve into the nuances of the UK property market, noting an uptick in available properties but a corresponding dip in buyer urgency, which may lead to transaction delays. Simon G sheds light on the high fall-through rates and the emotional toll of collapsed deals. He also touches on lenders’ meticulousness in the mortgage process, the challenges of down valuations, and options for dealing with them. They also discuss the current state of the EWS1 requirements for flats with cladding issues. Furthermore, Simon G finishes up with the best of current mortgage rates (and fees) for BTL and HMO investors.

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