Jonathan Stinton is head of intermediary relationships at Coventry for intermediaries
Perhaps the biggest impact of the coronavirus pandemic on the housing market was the suspension of all activity in April and May 2020. Home moves and lending were legally suspended, effectively putting the market on ice.
However, there are more wide ranging consequences which pose concerns for landlords, many of whom are now seeking to remortgage in 2021. Changing rental yields are one such consequence of the crisis and in some cases for your landlord clients, it might make the chance of finding the same good deal on their next mortgage a tougher challenge.
Coventry for intermediaries makes residential mortgage rate cuts