Mortgage Solutions Podcast Episode 8: Dealing with the self-employed borrower dilemma
22m
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Mortgage Solutions
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This week on the Mortgage Solutions podcast, sponsored by Skipton Intermediaries, we discuss how lenders' underwriting requirements for self-employed borrowers have dramatically changed since the start of the pandemic. Thousands of businesses have been forced to close because of local and national lockdowns and many more, who have stayed open, will have relied on some form of government support, furloughed staff or have suffered a drop in earnings. Naturally banks and building societies are more cautious lending to this group of individuals than they were before March. So how can brokers and lenders work together to support borrowers who remain in genuinely viable businesses, but have taken blows during the crisis? Mortgage Solutions contributing editor Samantha Partington discusses these changes with Jon Rawley, business development manager south west Skipton Intermediaries, David Hollingworth director at L&C Mortgages, and Trevor Quinn Thomas managing director of HQ Mortgage and Finance. This is for intermediary use only, is not mortgage advice and the views are contributors' own.
The episode Mortgage Solutions Podcast Episode 8: Dealing with the self-employed borrower dilemma from the podcast Mortgage Solutions has a duration of
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