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Post Lockdown: The End of Mortgage Holidays

Mortgage Support Set To End – Mortgage Holiday

The Furlough Scheme is set to cease completely by the end of October. The mortgage holidays announced in March by UK banks are also set to end at the same time. This, coupled with possible mass redundancies, would leave millions in financial distress and vulnerable.

The R Rate

The R rate, which is the unit of measurement used by the government to determine the level of new infection rates, is hovering between 0.7 to 1.0 in the North West. This is slightly higher than the national average of 0.7 to 0.9. This is prompting fresh fears of another lockdown. The economy has yet to recover from the first lockdown – many believe a second lockdown will cripple the UK even further.

What does this mean?

Economic uncertainty is growing day-by-day. With consumer confidence believed to drop with the economy, it is fair to say that property will be harder to sell as supply outstrips demand. If you have been pondering over whether to sell your property, it may be better to consider selling it now.

Why use Auction Agent?

With our properties guaranteed to complete anywhere from 1 to 28 days from the fall of the hammer, Auction Agent property auctioneers will ensure that your property would be sold as quickly as possible and without the worry of buyers dropping out. Our seller’s package includes marketing on leading online property portals (Rightmove, Zoopla, and PrimeLocation) and social media platforms (Facebook, Twitter, and LinkedIn).

Auction Agent property auction house in Haslingden has over 50 years of combined experience – we are ready to answer any of your questions regarding buying, selling, or just regarding property auctions in general. Auction Agent house auctioneers offer complete services for buyers, sellers and even probate property owners. Furthermore, Auction Agent gives all sellers peace of mind with our no-sale-no-fee approach.

You can be certain to sell your property fast in Manchester, Bolton, Bury, Rochdale, Heywood, Oldham, Middleton, Radcliffe, Whitefield, Prestwich, Chadderton, Salford and Greater Manchester with Auction Agent’s incredibly easy and convenient property auction selling process and buying process.

Take your first step to a stress-free property sale today by contacting us for a free property valuation. Be sure to sign up for our newsletter for the most up-to-date properties available from our property auction portfolio.

Do you have property near Northern Belle, Manchester Three Rivers, Clue HQ, Graystone Action Sports Academy Manchester, Chester Zoo, Science and Industry Museum, The John Rylands Library, National Football Museum, The Lowry, Imperial War Museum, Knowsley Safari, Manchester Museum, Dunham Massey Hall & Garden, Manchester Art Gallery, East Lancashire Railway, Lyme Park, Quarry Bank Mill, Manchester Cathedral, Bridgewater Hall, Central Library, Royal Exchange Theatre, People’s History Museum, Stockport Air Raid Shelters, Robinsons Brewery Visitor Centre, Portland Basin Museum, Lancaster Park & Animal Farm, HOME, Hat Works, Bolton Museum, Ordsall Hall, The Monastery, Victoria Baths, Salford Museum and Art Gallery, Staircase House, HSBC UK National Cycling Centre, Stockport Museum, Hall i’ th’ Wood Museum, Belle Vue Arena, Chadkirk Chapel, Museum of the Manchester Regiment, Horwich Heritage Centre, Blackleach Country Park, Manchester Arena, Albert Square, Barton Swing Aqueduct, Old Trafford, Etihad Stadium, Tatton Park, Chill Factore, Palace Theatre, Jodrell Bank, Runway Visitor Park, The Whitworth, All Star Lanes, Bramall Hall, The Printworks, Manchester Central, Emirates Old Trafford, Gallery Oldham, Little Owl Farm, Contact Theatre, Castlefield Gallery, Bishops Park Pitch & Putt, LEGOLAND Discovery Centre, Sea Life Manchester, Play Factore, AJ Bell Stadium, Blue Planet Aquarium, Belle Vue Greyhound Stadium, The Trafford Centre, Great Northern Warehouse, University of Manchester, Spinningfields, Manchester Town Hall, FC United, The Stroller Hall, Rochdale Pioneers Museum or Astley Cheetham Art Gallery?

For a comprehensive probate property valuation on your inherited property in Bolton, Bury, Rochdale, Heywood, Oldham, Middleton, Radcliffe, Whitefield, Prestwich, Chadderton, Salford, Manchester and Greater Manchester or any other area in the M1, M2, M3, M4, M5, M6, M7, M8, M9, M11, M12, M13, M14, M15, M16, M17, M18, M19, M20, M21, M22, M23, M24, M25, M26, M27, M28, M29, M30, M31, M32, M33, M34, M35, M38, M40, M41, M43, M44, M45, M46, M50, M60, M61, BL0, BL1, BL2, BL3, BL4, BL5, BL6, BL7, BL8, BL9, OL1, OL2, OL3, OL4, OL5, OL6, OL7, OL8, OL9, OL10, OL11, OL12, OL13, OL14, OL15, OL16, SK1, SK2, SK3, SK4, SK5, SK6, SK7, SK8, SK9, SK10, SK12, SK13 or SK22 postcodes, contact Auction Agent today on 01706 940499, info@auctionagent.co.uk or visit www.auctionagent.co.uk.

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