Before You Continue…

Our website uses cookies. By continuing to browse the site, you are agreeing to our Privacy Policy.

OK - continue
logo
Search for mortgage help
CALL US:  023 8098 0304
Mobile menu bars Close mobile menu
mortgage calculator mortgage calculator
request a call back Request a Callback
email us info@themortgagehut.net
call for mortgage advice chat online now
Search for mortgage help

Specialist Mortgage Help

  • First Time Buyers
  • House Mover Mortgages
  • Bad Credit Mortgages
  • Remortgaging
  • Equity Release
  • Self Employed Mortgages
  • Buy to Let Mortgages
  • Expat Mortgages
  • Commercial Mortgages

Useful Links

  • Home
  • Contact us
  • Mortgages
  • Mortgage Insurances
  • About Us
  • Customer Reviews
  • Refer a Friend Scheme
  • Expert Articles
  • News
  • Sitemap
  • New Build Mortgages
  • CIS Mortgages Explained

Privacy Settings

  • Privacy Policy

Buying a property during COVID-19

  1. Home
  2. News

If you had plans to step onto the property ladder, you’re probably wondering what happens now that hundreds of businesses have closed. Many buyers are left stumped, wondering whether or not they can still apply for a mortgage. Well, the good news is that you can.

Can I view properties during the Coronavirus?

The Government has advised that all non-essential workers remain at home and work remotely meaning many businesses including letting agents, will have closed their physical stores.


That being said, many property portals offer virtual tours or extensive photography on their property listings, so despite not being able to see the physical property, you may be able to get a sense for the space. 


If they are not immediately visible via the website listing, ask for further imagery and suggest a 360 tour. Even those taken on phones can be of high-quality and the seller and agent may be happy to provide if possible.

Things you can do now

If you’re in a position to begin the mortgage application process and you’re eager to proceed, there are some things that you can do to get the ball rolling:

Check your affordability for a mortgage

Finding an ideal property can be exciting but remember that before you can apply for a mortgage and put in an offer, you’ll need to know how much you're eligible to borrow and where to go for the most affordable rates. That's where the advice of a mortgage advisor can help. 


Our team is operating from home and while they may not be suited and booted, they are still able to scour the market to find the most competitive mortgage deals for you. With remote access and close contact with lenders throughout the UK, finding the lowest interest rates and most attractive mortgage terms may still be achievable for you during the Covid-19 period. 

Get your documents in order

To prevent any delays have the necessary documents ready for your mortgage application. These may include:


  • Passport / Driver’s license 

  • Payslips

  • Tax returns

  • Bank statements 

  • Proof of deposit

Search the market

Local research can prove to be a big influencer when it comes to finding the perfect property. If you’ve spoken to a mortgage broker and have an understanding on how much you may be eligible to apply for, it can be interesting to look at:


  • Sold property prices

  • Ofsted school reports

  • Transport links

  • Proximity to local amenities such as high streets, parks and gardens

  • Local hospital and doctor reviews

Are low interest rates good for buyers?

Rates are at all-time record lows right now, so if you want to refinance or buy a property, now could be a good time to do it. After all, who doesn’t want to pay less to borrow money?


That being said, it really is dependent on your own circumstances and while low interest rates can be appealing, there are plenty of factors to consider before you take the housing leap including:


  • The stability of your income. If you want to secure a mortgage, be prepared to provide evidence of job security, as this is something lenders focus on heavily, even more so now

  • Your debt-to-income ratio. Can you afford to pay for a mortgage on top of any other financial agreements you already have?

  • The type of mortgage you’re applying for i.e. buy-to-let, residential, remortgage.

Is The Mortgage Hut open during the coronavirus?

Yes, The Mortgage Hut are open as normal and on hand to provide advice & assistance to our clients. In order to do our part to prevent the spreading of the virus, we will be working remotely, rest assured this will not impact the high level of service we offer.


Many steps of the mortgage search and application process can be done online, with documents being scanned or emailed.


However, our brokers understand that it can be reassuring to speak face to face when discussing something so financially significant so it may be possible to arrange a Facetime or video chat. You can request this via our contact form. 


You can also contact the team by the usual methods and our advisors are taking calls on 02380 980304.


Managing Director Nicola Schutrups
News Clip (06/06/2020) by
Nicola Schutrups (Managing Director)
The Mortgage Hut

Looking for a Mortgage?

Find out if you're eligle in a couple of clicks, with no hidden credit checks.

Get Started

Follow us on social media for updates

  • Like us on Facebook
  • Follow us on Twitter
  • See us on instagram
  • Watch us on YouTube

Related News Information

  • Bank of Ireland lending up to 95% LTV
  • Are you a customer centric Mortgage Consultant?
  • Radian Homes - Shared Ownership Open Day
  • Highwood Group - Help to Buy Weekend.
  • Berkeley Homes appoints The Mortgage Hut as mortgage provider.
  • Stamp duty holiday extended until end of September
  • House prices predicted to fall 14% in 2021
  • Research finds 47% with a mortgage currently have no mortgage protection
  • Does your insurance cover you for COVID-19?
  • 230% rise in searches for furlough-friendly mortgages

Looking for a Mortgage?

Find out if you're eligle in a couple of clicks, with no hidden credit checks.

Get Started

Follow us on social media for updates

  • Like us on Facebook
  • Follow us on Twitter
  • See us on instagram
  • Watch us on YouTube

Contact The Mortgage Hut

Head office address of The Mortgage Hut
SOUTHAMPTON (HQ)
14 College Place
Southampton
Hampshire
SO15 2FE
Head office phone The Mortgage Hut
023 8098 0304
Head office email The Mortgage Hut
info@themortgagehut.net
Contact Us

The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority.

The Mortgage Hut Limited. Registered Office: 14 College Place, Southampton SO15 2FE Registered in England Number: 07629941

Contact Us

Important Information

  • The guidance and advice contained in this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK.
  • Some products are not regulated by the Financial Conduct Authority.
  • Please note that The Mortgage Hut is not responsible for the accuracy of the information contained within any linked sites accessible from our website.
  • Your home may be repossessed if you do not keep up repayments on your mortgage.
  • There may be a fee for mortgage advice.
  • The actual amount will depend upon your circumstances.
  • The fee is up to 1% and a typical fee is £748.

Data Protection & Privacy

You voluntarily choose to provide personal details to us via this website.

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 1998.

You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

When you use our website, we access your device/computer to set cookies and collect data.

We do this so it works, is secure and delivers the best browsing experience.

We also collect data to study how people use our site and help us improve our services and tailor our marketing.

For more information see our Privacy Policy.

back icon
close icon

Specialist Mortgage Advice

Mortgage Advice

Mortgage Advice
Get Started
Mortgage Advice

Mortgage Advice

Remortgage Advice

Remortgage Advice
Get Started
Remortgage Advice

Remortgage Advice

Buy to Let Mortgage

Buy to Let Mortgage
Get Started
Buy to Let Mortgage

Buy to Let Mortgage

Is the mortgage for your home or a business venture?

Residential Button Residential Hover Button
Buy To Let Button Buy To Let Hover Button

Are you buying or remortgaging?

Residential Button Residential Hover Button
Buy To Let Button Buy To Let Hover Button

Have you found a property yet?

Yes Button Yes Hover Button
No Button No Hover Button

Is the property house or a flat?

House Button House Hover Button
Flat Button Flat Hover Button

What is the property’s estimated value?

£

Deposit amount or equity?

£

Have you got any adverse credit?

Yes Button Yes Hover Button
No Button No Hover Button

What types of adverse credit?

Next Button Grey Next Button Blue Next Button White

What is you combined annual income (before tax)?

£

Sourcing Mortgages…

Nicola Arbon

“There's a reason why over 500 clients rate us as Excellent.”
Nicola Arbon, Managing Director and Mortgage Guru

Green Tick

Congratulations, we've successfully found you multiple mortgage options.

Next Button Blue Next Button White

Please enter your name to send you the results

Please enter the best email to send you the results

What is the best number to reach you on?

What day & time best suits you?

Next Button Blue Next Button White

Thank you

logo

A member of The Mortgage Hut team will review your enquiry & we’ll be in touch to discuss in more detail & to advise on the options available to best suit your needs.

Head office phone The Mortgage Hut 023 8098 0304