How The Jan’ 2021 Lockdown Will Affect The Property & Mortgage Market
Covid-19 Update For The Mortgage Market
From Tuesday 5th January, it has been confirmed that you are still able to purchase or sell a home, as well as move home if you need to.
British Prime Minister Boris Johnson announced on 4th January 2021 that the UK would be once again going into a national lockdown. All changes would take effect the following day on the 5th, with certain sectors remaining active throughout the next 6 weeks. Working similar to the November 2020 lockdown, the property market will continue to be open for business as usual, meaning you are still able to take up house viewings, push on with your property purchase and put your home up for sale.
It is important to note that you may still experience delays with some businesses. Solicitors and Surveyors are once again in need of tighter restrictions, leading their services to take a little longer. There is also expected to be a mad dash of customers attempting to take advantage of the Stamp Duty Cut before that eventually ends.
Safety Measures for Home Movers
We would like to urge everyone who is looking at moving home, to stay safe and ensure you’re following all the correct guidelines whilst doing this. Please see the latest government guidance on how you can protect yourself and others whilst moving home.
90% Mortgages are Still Available to Buyers
We are pleased to confirm that yes, 90% mortgages are still available. We are seeing signs more frequently that lenders are more and more confident in the UK property market as time passes. They are aware that the demand for properties is still very much there, and that people will only start coming back when they are confident that they can get a deal with a 5-10% deposit.
You may also be able to access a 90% mortgage through something like the Help to Buy Equity Loan scheme or the Help to Buy Shared Ownership scheme. Your mortgage advisor will explain how these methods could help you obtain a mortgage with only a 5-10% deposit.
An Extension on Mortgage Payment Holidays
Mortgage Payments Holidays (a means of temporarily delaying finances that could leave you struggling during the pandemic) were due to end on 31st October 2020. Thankfully for many, this option has now been extended to 31 March 2021.
If you are yet to utilise a Mortgage Payment Holiday, you’ll be able to request a break of up to 6 months. If you’ve already taken a Mortgage Payment Holiday of less than 6 months, you will be able to extend your existing holiday up until the 6 month mark.
Still Here, Still Open
Our trusted mortgage advice service is still running and we’re here to help in any way we can. We have a team of dedicated mortgage advisors available 7 days a week, all throughout the year to assist you with your mortgage needs. This past year has been stressful enough for many, we would like to take as much stress out of your mortgage process as possible.
All customers will still benefit from a free initial mortgage consultation, no matter the situation.
For a brief rundown of the current status of the property and mortgage market, please see our video from company director Malcolm Davidson, recorded the following day.
Hullmoneyman Christmas Message
A very Happy Christmas from the team here at Hullmoneyman and we hope for a prosperous and healthy 2021 for all of us.
Property values have kept themselves up to a high level during the pandemic. This is down to a shortage of stock, undiminished consumer demand and the Stamp Duty Holiday (which is due to end in March 2021).
If 2020 has proven nothing else it has proved you’ll never stop a dedicated and hard working potential First-Time Buyer in Hull from wanting to own their own property!
In terms of our predictions for 2021, despite rising unemployment, we here at Hullmoneyman fully expect the consumer demand for buying property to continue to rise up. We are spending more and more time at home and it’s natural that people might start looking for something bigger, better or with a nicer garden.
Around this time of year especially, we will also see lots of remortgage activity from customers who are quite content with where they are living but would like to invest in their homes by expanding upon them or creating home offices, to name a few examples. We have detailed articles explaining why people choose to Remortgage For Home Improvements.
Interest rates are still low and off the back of Brexit, the Government will be eager for the property sector to thrive, especially considering that it is one of the “wide multipliers”, e.g. it sustains lots of jobs.
Once the vaccine is rolled out fully and life starts to feel a little normal again, we truly believe there will be a lot of people who adopt a “life’s too short” approach to their daily lives, something that should be good for the economy as a whole, especially those involved in the property market.
If you need Mortgage Advice in Hull or life insurance advice in 2021 please feel free to get in touch. Our advisors are available from early until late, 7 days a week to provide answers to your questions. Contact us to book your free initial mortgage consultation.
Mortgage Broker Bake Off in Hull 2019 | Macmillan Coffee Morning
Mortgage Advisor in Hull
Friday 27th September 2019 marked the day for Macmillan Coffee Morning, an event which the charity encourages others to take part in to raise money for cancer support.
Throughout the years our Mortgage Advisors in Hull have taken part in many of these, keeping the charity close to our heart and help where we can.
This year it was one of the best yet, with some incredible food brought forward by the brilliant staff in Hull.
What’s on the menu? | Mortgage Broker in Hull
- Soured Cream Bundt Cake w/ Butter Glaze & Blackberry Sauce (Made by Anna Braithwaite – Mortgage Technician)
- Guinness Chocolate Cake (Made by Mel Blanchard – Operations Manager)
- Carrot Cake (Made by Jo Parnell – Mortgage Technician)
- Toffee Pavlova (Made by Leanne Ashman – Dedicated Case Handler)
- Salted Caramel Cake & Lemon Cake (Made by Tesco, Generously Donated by Kayleigh Steward – Dedicated Case Handler)
- Heroes Cupcakes (Made by Cadbury, Generously Donated by Paula Milner – Compliance Manager)
Each one of these went down a treat with our staff at Hullmoneyman and our building neighbours, who donated an amazing amount for Macmillan Cancer Support.
We are incredibly grateful for everyone that baked, donated, tasted, and had fun during our coffee morning. We are all very full, but we cannot wait for what next year bring us.
Mortgage Advice in Hull
Getting Mortgage Advice in Hull during Lockdown 2.0
Lockdown Mortgage Advice in Hull
In our last article “How will Lockdown 2.0 affect the Property Market?“, we talked about how the property market is running nice and smoothly and everything is looking promising. However, we never really touched on our point of view, what’s going on behind the scenes at your local Mortgage Broker in Hull and what it’s like getting Mortgage Advice in Hull during lockdown 2.0, so we thought that we should cover it:
Behind the scenes to your Mortgage Broker in Hull
Things are running very smoothly at your local Mortgage Broker in Hull, the demand in the market is still very high and we are still delivering expert Mortgage Advice in Hull as usual.
There may be slight hold up in the market though, as most estate agents, solicitors, etc, are working from home now. So if things take a little longer than usual, all you can do is be patient. Everyone is in the same boat as you and are trying their best to move fast but to also get everything right.
From our point of view, the market is looking great, everything seems to be recovering with time. The last lockdown hit the market pretty hard, everything was put on pause. This time around, we have some measures to stick to, but apart from that, no damage has been done as far as we are concerned.
Getting Mortgage Advice in Hull
We are open as usual! As mentioned before, nothing is stopping us from providing you with great Mortgage Advice in Hull over lockdown 2.0. On our end, we are encouraging home buyers and sellers to speak to us, having a friendly Mortgage Advisor in Hull by your side could be just what you need.
Whether you are a First Time Buyer in Hull or planning on Moving Home, we know that mortgages are very stressful. Having a friendly advisor take all of the stress away could be your best option. We love helping you and want to make your mortgage process stress-free.
Customer service during lockdown 2.0
Customer service is at the heart of our company, but now it has been more important than ever. Communication is as strong as ever, we are always in touch and will pick up your calls whenever you need our help or have any questions on your mind. No question is too small to be asked; whenever you want to find something out, or you are unsure about something during a stage in the process, make sure that you ask your advisor, they would love to answer your question.
Lockdown Reviews
Our amazing customer service and communication is shown in our latest reviews. We pride ourself on our reviews and feedback; feel free to take a look at our reviews page here to see more superb reviews.
Here is a small collection of some fantastic reviews that we have received over the lockdown:
Graham C:
“If you’re looking for a Mortgage Broker in Hull, stop looking you just found your team.
Honestly, I never thought we would be able to get a mortgage, it all seemed too complicated but we have it!!! Matt, Kayleigh and Laura all did their bit and they got us a fab deal too. Friendly, approachable and most of all reliable. This is a stressful process, especially in a pandemic, so I am just so grateful that we found these guys to navigate the mortgage process for us. If only everyone in the process was as committed and reliable as Hullmoneyman are, home buying wouldn’t be as hard as it is. Stop reading and go and contact them, they are the best.”
Craig B:
“A friendly and helpful service. Always made time for our queries and the whole process of remortgaging has gone very smoothly with great communication throughout. We chose Hullmoneyman over our previous mortgage advisor due to the reliability and we were not disappointed.”
Amber B:
“Extremely happy with service, communication and overall experience. Friendly and reassuring on the phone and quick, prompt responses via emails. Thank you to all involved!”
Ready to take your call
If you want to start your mortgage process, don’t hold back, get in touch with your Mortgage Broker in Hull today. We also provide a free mortgage consultation so all of our customers, no matter their mortgage situation. Just because your scenario is complicated, doesn’t mean we can’t help! We love a good challenge.
Our amazing team of advisors will be ready to take your call throughout the whole duration of lockdown 2.0. Don’t let the lockdown scare you from starting your mortgage journey, with our help and the property market running smoothly, you could be securing your keys in no time!
Mortgage Advice in Hull
How Will Lockdown 2.0 Affect the Property Market?
Second Lockdown Mortgage Advice in Hull
On Saturday 31st October, the British Prime Minister Boris Johnson announced that England would enter a second lockdown from Thursday 5th November to Wednesday 2nd December. The plan was to put in further restrictions to decrease the spread of the coronavirus. However, this lockdown is a little more lenient than the first, allowing more industries and educational settings to remain open. Our biggest concern was what would happen to the property market. However, now we are in the depths of lockdown 2.0, we can say that everything looks promising and the property market remains open!
Of course, there have been some minor changes to parts of the home buying process, most of them being social distancing measures. The property market is still standing strong, here is what you are allowed to do over the lockdown:
- View a property to buy or rent
- Visit estate agents, letting agents, sales offices and show homes
- Move home
- Prepare a home to move into
- Prepare a home for sale or rent
Here are some of the most common questions that we have been asked by Home Movers and First Time Buyers in Hull about the lockdown and how it affects the property market:
Can I move home in lockdown?
Unlike the start of the last lockdown when restrictions were a little tighter, in this lockdown you are still able to move home. Home removal services, van hire, everything needed to move home will still be available.
As mentioned before, the home moving process will have to be completed under the social distancing guidelines. This will be of most importance if you are viewing other people’s home and taking house viewings regularly.
Can I visit my estate agents?
The answer is yes, the government are allowing you to visit your estate agent’s office. However, some estate agents have chosen to work from home and have closed their local branches, so you may have to check whether they are open or not.
Especially in this day and age, some people prefer to transact over the phone, and there is nothing wrong with this, you can still get the process started over the phone and even online. We advise that you take your time if you are doing everything online, and make sure that you clearly understand everything that is being communicated.
Can I continue with house viewings?
You can still continue with your house viewings, however, if it’s possible maybe you could try your estate agent’s virtual house viewing (if they offer that). Most home buyers are shifting towards this new approach to house viewings; as a Mortgage Broker in Hull, we also expect that the number of virtual viewings will increase over lockdown.
Even though virtual viewings may be your safest option, we also understand that choosing your dream home is a huge life decision, so if you want to view the property in person, there is nothing wrong with that.
Your estate agents will also check with the property owners that a socially distanced property viewing is okay, if so, then you can arrange a date and time. Depending on the time of day and the homeowner’s situation, they may go out somewhere so that there as few people in the household as possible.
Can I put my property on the market?
The property market hasn’t been put on pause like the first lockdown, you can still continue the home selling process as normal. You will need to consider everything that comes with selling a property, this will include choosing an estate agent and a property valuation, getting pictures of the property taken, etc.
With the guidelines and restrictions in place, there may be some delay in the process. Estate agents are very busy at the moment with enquiries and with all of the different measures in place, things that are normally easy to complete are taking a little longer.
Can I still use conveyancers?
Yes, conveyancing solicitors will remain open during the lockdown. They will still be available to support your property sale. Again, most solicitors are working from home and we advise that you be patient as due to the demand in the property market, things may come slower than usual.
Can I take out a mortgage payment holiday during this lockdown?
As a Mortgage Advisor in Hull, this is a question that we have been asked quite a lot during the pandemic. It was particularly asked by lots of homeowners during the first lockdown.
In this lockdown, even though it’s much shorter, you can take a mortgage payment holiday if you really need to. We understand that there are a lot of people that need help meeting their mortgage payments, if this is your situation then taking one out could be your best option. To find out more helpful information about mortgage payment holidays and whether you should take one out, check out our mortgage payment holidays article.
If you took out a mortgage payment holiday during the first lockdown and are currently still on the scheme, you can extend your holiday so that it comes to a total of six months holiday. However, if you have already had a six month payment holiday, you have already reached the six month limit and therefore unlikely that you will be able to access this scheme again.
Catching up to speed
The property market is slowly catching up to speed and thankfully can keep trading through this lockdown. If you are wanting to start the mortgage/home buying process and would like help from a professional, it may be within your best interests to get Mortgage Advice in Hull. With all of the social distancing measures in place and the demand in the market, this could also speed things up for you. As an experienced Mortgage Broker in Hull, we have a wealth of knowledge in helping customers obtain their mortgage goals. We want the whole process to run as smoothly as you do; don’t hesitate to get in touch today. We can’t wait to hear from you!
A Responsive Service | Mortgage Broker in Hull
Our Mortgage Advice Service
In this modern world, our customers buying habits are evolving. No more can we rely on our reputation alone to impress you and for you to trust us in providing Mortgage Advice in Hull.
Today, we are very proud of our employees, here’s why:
Firstly, our Mortgage Advisors in Hull, who between them, work seven days a week to ensure we are able to answer all of your questions and be there for you to speak to until late in the evenings.
In addition, our back-office administration team, who work very hard behind the scenes. They work well together, making sure your calls get answered and work wonders turning our mortgage submissions into formal offers. They love to celebrate when cases complete and we get customers moved into their new homes.
In the last 3 months, we have been lucky enough to have received over 200 4 or 5-star customer reviews. You can read some by clicking the reviews link on this website.
Thank You To Our Mortgage Advisor Team
Special thank you to Laura, Chloe, Kayleigh S and Mel R who have been working hard collecting these reviews.
In an online world, we’re aware that the first thing a new customer will do when looking for Mortgage Advice in Hull is to read more about us. Alongside looking at how we treat our customers.
Rest assured, if this is you, we can assure you that not only are we really good at our jobs. We’re responsive too.
It’s really important to me and my company that, not only are you able to transact how you would like. Whether this is a face to face meeting or over the telephone. We pride ourselves on our responsiveness which is a personal bugbear of mine when dealing with other service industries.
We’d like to say a massive congratulations to all of our team today, Mortgage Advisors and our Administrators. We’re really proud of you guys!
Company Recognition: Annual Awards at Hullmoneyman
Meet the Hullmoneyan Mortgage Advice Champions
Today we are celebrating a great year at Hullmoneyman, your Mortgage Broker in Hull. We would like to take a moment to recognise the achievements of our amazing employees. Having all worked so hard this year, it feels good that everything has paid off.
Here at your Mortgage Broker in Hull, Hullmoneyman, we always go above and beyond for our customers and love helping you get through any mortgage hurdle. As an experienced Mortgage Broker in Hull, we know how to give 100% customer satisfaction, ensuring that they feel valued and acknowledged during the mortgage process.
With this in mind, we would like to share with you how our 2019 annual awards went and show you the champions.
Reviews Champion – Laura Aves
Laura has collected an incredible 294 reviews within the last 12 months (40% of the total reviews collected as a company). We know that it’s not the easiest thing to do and it does require you to be a bit cheeky but that didn’t stop her.
Laura has been consistently excellent throughout the year and we all appreciate her efforts in the company. We just can’t wait to smash that record next year!
Well done Laura!
1st – James Lawson
James got nominated for his enthusiasm, excellent teamwork and bringing new ideas to the team. This included a new social media idea for the upcoming year.
He’s got through a tonne of marketing work whilst Dan & Lee were off and has picked things up quickly and is doing a great job with coding on the websites. In a tough market, the website rankings have increased which is a great achievement.
Keep up the great work James!
2nd – Jo Parnell
Jo had been nominated by all of the advisors for helping them out with tricky cases, payslip queries, technical problems and for giving her all to make sure that they get the right information when they need it.
Jo has also been nominated for helping with a really difficult case which everyone really appreciated. This is exactly the sort of attitude we love seeing in the workplace.
This is why you deserve being one of our annual champions Jo!
3rd – Mizna Coates
Many thanks to Mizna for spending time with the admin team doing protection training, the feedback we received had been amazing!
This allows them to carry out their role with a better understanding of products and services. You are always around when the admin team run into problems and you manage to provide solutions for them when they ask for help.
We all appreciate your help Mizna, Thankyou!
Here’s to Another Great Year!
Customer Satisfaction – Mortgage Broker in Hull
Our job is to guide you through the mortgage process with ease and help you find that perfect home. You could be a First Time Buyer about to dive into the world of mortgages or a current property owner searching for honest Buy to let Advice, either way, we would love to try and help. We love it when we see our clients beaming with happiness as they walk through the doors of their new home. As a reliable mortgage broker in Hull, we like to think we play a big part in making that smile.
Responsive, Open, Honest & Caring
We aim to deliver the best customer satisfaction we can, we do this by staying loyal to our company core values, being responsive, open & honest & caring. Hearing our wonderful customer reviews makes us proud and is motivational for our hard-working mortgage advice team.
Our customers are our number one priority, and as a respected mortgage broker, we’ll recommend the best deal for you and relieve the stress throughout the whole purchase. Our brilliant mortgage advisors and marvellous back office team will do the bulk of the work for you.
Mortgage Advice in Hull at its Finest
Here at Hullmoneyman, we will work around your family and work-life too, this ensures that you get to sit back and relax, that’s how we like it.
Experience tells us that buying a new house is not always a smooth process. Rest assured, using our valued in-depth knowledge and talented skillset, we’ll face and overcome any hurdles together.
Are you are a first-time buyer or a current homeowner considering buying a house in the coming future? Do you need expert help regarding mortgages in Hull? Please find below a stunning collection of our recent customer reviews. Choosing us as a mortgage broker in Hull would assure you’re in the safest of hands.
Customer Satisfaction really shows in our recent reviews:
“Wayne and the team at Hullmoneyman were really helpful, efficient and responsive throughout the whole process, I cannot recommend their service enough!”
– A Glaves
“Amazing service, great team. Always ensuring I was happy and doing everything they could do to make the experience smooth”
– Benjamin G
“Hullmoneyman got me a fantastic mortgage deal. All of the staff are very professional and kept me informed at all stages even finding me a better deal as my circumstances changed. 10/10!”
– John Lewis
To read more of our sensational reviews, visit our feedback page here.
First-Time Buyer Reviews in Hull | Mortgage Advice in Hull
Excellent First-Time Buyer Customer Reviews
As a Trusted Mortgage Broker in Hull, we always aim to provide the best service we can to every customer that comes to us. Going above and beyond for every customer is part of our service as well as being responsive, open and honest with you.
Guiding you through the mortgage process and being there by your side every step of the way makes you know that you’re in safe hands with us. The Customer always comes first at Hullmoneyman, no matter what.
Being in a competitive market requires us to know everything mortgage-related and we really do! We often get faced with complex cases that need lots of attention and a bit of extra moneyman magic applied to them. No matter how complicated the case is, we will always try to get by it so don’t ever hesitate to call us as we have probably got through something similar before.
First-Time Buyer Reviews in Hull
We love receiving reviews; however, the best reviews are ones from First-Time Buyers in Hull. This is because they haven’t experienced anything like this before and to move into your first home is a huge milestone in your life. The reviews they send in show us how happy they are with us and their first home that we worked so hard to find. Here are some of the First-Time Buyer reviews that we have received at Hullmoneyman, your Mortgage Broker in Hull:
“Could not have chosen a better company to go with. Started what I thought was going to be such a long process, however, it was such an easy and smooth process! Nathan and Laura were very informative and helpful throughout, nothing was too much and always keep me in the loop, with quick responses. Nothing was too much for them! If you are looking for a Mortgage advisor- Hullmoneyman is the company for you!”
“Hullmoneyman are an extremely professional and helpful company. This is the second time we have used them in the last couple of years and Matt has been exceptional. Finding a mortgage for me as a new teacher was difficult until Matt took over and took the stress out of the whole process. He explains everything well and always answers any questions if have, no matter how daft. Kayleigh has been super helpful too, dealing with all of the paperwork. Fantastic company!”
“The mortgage broker Charlie was very nice and hard working to get us what we needed which was much appreciated, can’t thank him enough, he kept us informed every step of the way and always gave us good advice so he is a great asset to the company many thanks!”
Our Apprentices at Hullmoneyman | Past & Present
Supporting Our Apprentices In Our Mortgage Broker in Hull
For National Apprenticeship Week 2020, we thought that we’d take a moment to reflect upon our young employees who have got through our apprenticeship program and to those who are currently still working their way through it.
Here is a quick mention to Thomas Bowes and Laura Aves who were the first wave of apprentices. Tom started within the customer care team and then went on to become a Mortgage Advisor in Hull. He is now flying high as an advisor and we couldn’t be happier for him. Laura has always been a dedicated case handler, she works with all of our Mortgage Advisors in Hull providing her assistance wherever she can. Well done Laura!
It gives us a sense of pride and achievement, allowing young men and women to experience an amazing opportunity to work within a business and learn all at the same time. We’re enabling them to build their future as well as being able to make a living.
Recently Completed Apprentices
Michael Sallabank
Michael Sallabank has just finished his 18-month apprenticeship in Digital Marketing. He is now fully equipped with everything he needs to be part of the marketing team. As a collection of being a great digital marketer and a positive motivator, Mikey’s work has paid off and he is only getting more knowledgeable by the day. Mikey has also taken on the role of helping out the new batch of apprentices that have just started.
Chloe Masters
Meet Chloe Masters, she is celebrating her one year work anniversary today. Chloe is one of the youngest members of the Hullmoneyman team and is on the route in becoming a Dedicated Case Handler. Finishing her apprenticeship this week will make her an official member of the team. She will be working with Laura and be assisting Mortgage Advisors in Hull.
Current Apprentices
Lee Underwood & James Lawson
We now have another two digital marketing apprentices at Hullmoneyman. Lee and James look to take the mortgage world head-on and create even more brand awareness for budding home buyers looking to find expert Mortgage Advice in Hull.
We also love that all our apprentices enjoy what they do and can’t wait to share a future with us here at Hullmoneyman. Seeing them grow over time as both workers and people is why we do it. Also, we can’t wait to see who else may join our team in the future!
