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Coronavirus Update: Jobless claims surge and large business loan scheme increased to £200m

19/05/2020 Coronavirus Daily Update Monthly increase in jobless claims surge to the highest rate since 1996 Statistics published by the Office for National Statistics (ONS) have shown an increase of 856,500 in people applying for benefits through Universal Credit in April. This is the highest level seen in the UK since 1996, with 2.1m people applying in total. It is believed that the number would have...

Coronavirus Update: Deaths plummet as mortgage deals get pulled

18/05/2020 COVID-19 Daily Update UK daily COVID-19 deaths plummet The UK has finally returned to sub-200 figures in daily coronavirus deaths. The announcement comes a week after the government eased lockdown restrictions in England. Although death toll figures on Sundays are typically lower than the rest of the week, it is still approximately 100 fewer than the Sunday before. UK has been seeing a...

Coronavirus Update 15/05/2020

Coronavirus Update 15/05/2020 The Guardian reports that UK death toll is at 40,496 The Guardian reports that, according to the Office of National Statistics, UK COVID-19 death toll has now surpassed 40,000, where a quarter of this has been recorded as care home residents. The official figures, as of 9th May, show that 35,044 deaths were registered in England. Upon adding the most up to date figures from...

Coronavirus Update: House moves, and viewings resumed in England

13/05/2020 Update: House moves and viewings in England removed as non-essential travel under new lockdown rules Hundreds of thousands of people have been unable to move Up until now, since the beginning of the lockdown, buyers and renters were told to avoid and delay moving. It has been reported that approximately half a million buyers and renters were affected by the lockdown as the lockdown put their...

UK Lockdown Measures Eased

Lockdown measures are being eased across England after more than seven weeks of restrictions - but how could everyday life change? Can I meet friends and relatives? Two people from different households in England can meet in outdoor settings, such as parks, as long as they stay more than two metres (six feet) apart. The government has said it will impose higher fines for people who break social...

05/05/2020 Update on Coronavirus COVID-19 and the UK Economy

Coronavirus 05/05/2020 Update UK surpasses Italy for highest COVID-19 mortality rate Despite lowered daily death counts relative to the peak of the outbreak, UK has officially overtaken Italy with the highest coronavirus related death rate in entire Europe. This brings the UK to second place globally, second to just the United States. Government under fire as tests drop back below 100,000 It was a...

04/05/2020 Update on Coronavirus COVID-19

Coronavirus 04/05/20 Update North West overtakes London for COVID-19 hospital patients London has officially been overtaken by the North West as the region with the highest number of COVID-19 patients in hospitals. This is the first time since the peak of the pandemic that the UK sees another region with more patients in hospitals than the capital. The North West currently has 2,191 patients, whereas...

01/05/2020 Update on Coronavirus COVID-19 and the UK Property Market

Coronavirus 01/05/20 Update It has been reported by the BBC that Boris Johnson said the UK has finally passed the peak, however, he has stressed that we must avoid a second wave. Latest recorded deaths As of 30th April 2020, 26,771 coronavirus related deaths have been recorded throughout the UK. This is after a spike of 3,811 recorded deaths just days ago as deaths outside of hospitals have been...

How has the COVID-19 Pandemic re-shaped the UK Mortgage Market?

Coronavirus and its Effects on the UK Mortgage Market What’s changed in the last few weeks? The UK mortgage market has changed rapidly amidst the coronavirus crisis. Lenders throughout the UK have introduced mortgage repayment holidays to cushion the blow of the pandemic as the majority of homeowners take a drastic hit on their incomes. It is believed that a third of pre-crisis new mortgage offers have...

Sell my Uninsured Property in Lancashire | Property Auction House

To insure or not to insure? According to statistics, there are 22.6 millions homes in the United Kingdom, 6 million of which do not have any form of home insurance. That equates to 1 in 4 properties not being insured. Many homeowners attribute this lack of insurance due to the cost; the FCA reports that around 6 million of us are overpaying for our insurance. Claimable Damages For those that are...