After a pretty hectic start to the week we are pleased to report that yesterday was a little quieter in terms of the number of criteria and process changes. lenders are saying that the two main factors that are forcing them to pause new lending and restrict LTV’s is the additional staffing resource needed to implement the payment holidays and their inability to obtain physical valuations on properties due to the government’s guidelines on many local Land Registry offices are closed. This is affecting completions some mortgage lenders are extending mortgage offers Keep in touch with your mortgage adviser solicitor and estate agent Bob Riach