Santander to block mortgage applications from overseas buyers
Brexit talks have slowly started to emerge in the national media over recent weeks as the UK’s transition period nears its end. Santander have now thrown their hat into the ring and have revealed that they will only allow UK residents to make mortgage applications for residential and buy-to-let mortgages from 1 January 2021. They […]
Nationwide U-turn on Bank of Mum and Dad
Back in August we reported that Nationwide would be restricting the amount of money first-time buyers (FTBs) could be gifted by their parents, or the Bank of Mum and Dad (BoMaD). 2020 is seemingly a year of U-turns, and recently, the lender changed their mind, deciding that deposits that are gifted from BoMaD to FTBs […]