Simple touch: Morses Club agents use tablets to make form-filling easier Doorstep lenders are a controversial bunch, often criticised for charging too much and harassing late-payers. Their reputation has been further tarnished by high-profile revelations about payday lenders, offering fast bucks online but forcing borrowers to pay extortionate amounts of interest in return. The payday market … Read more
Homeowners who are facing financial difficulty because of the coronavirus pandemic have been offered a vital lifeline. They were told last week that they would be able to take a so-called mortgage holiday where they can suspend repayments for up to three months. But what does this mean and how much will it cost in … Read more
Chaos for the housing market as banks stop mortgage lending and Michael Gove tells home-buyers ‘don’t exchange contracts’ Michael Gove urged people to stay put and not move house during pandemic Lenders have also stopped mortgage lending, throwing housing market in chaos Moving companies are cancelling jobs during crisis, making moves impossible Coronavirus symptoms: what … Read more
Chancellor Rishi Sunak must move to ‘vaccinate the economy’ against the shock of a coronavirus shutdown in the Budget, his predecessor George Osborne warned today. The former politician, who oversaw austerity in the years following the 2008 financial crisis, raised the spectre of banks refusing to lend money if businesses start going to the wall. … Read more