Furloughed workers now struggling to get a mortgage


Workers who have been on the furlough scheme for a long time are being perceived as increasingly high risk by mortgage lenders, according to broker Private Finance. When furlough began in March 2020 lenders would base applications on whether the mortgage was affordable at 80% of incomes. However if people have been on furlough long-term […]

The post Furloughed workers now struggling to get a mortgage appeared first on PropertyWire.



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