Stuart and Simon are joined by mortgage expert Lee to discuss more of the impacts of COVID-19 on the property world, this time with a focus around financing and mortgages.
We chat about all sorts of changes and impacts including:
* Mortgage holidays and how lenders are adapting to cope with the demand.
* Desktop valuations and their increased role.
* Looking for new approaches, maybe with drones!
* Enquiries are down, but those that remain are more serious.
* All the talk about mortgages is spurring some landlords to use the idle time for remortgaging.
* The recent base rate reductions (https://blog.patma.co.uk/2020/03/base-rate-down-0-1/).
Lee's business has been built with home working in mind from the start and he provides some tips on helping to keep your company communications working well with a remote team.
Could this crisis lead to unexpected improvements for business and maybe even the world?
Lee is a director of OnPoint Mortgages (https://www.onpointmortgages.com/).
Note: this episode was recorded on the 31st March. Thanks to Simon's son for the audio version of the pre-episode reminder of this! Special Guest: Lee Langley.
