Mortgage payment holiday scheme extended as UK property market hits new low

Mortgage payment holiday scheme extended as UK property market hits new low


Mortgage payment holiday scheme extended as UK property market hits new low

The government will extend help to borrowers for a further three months as UK property sales hit a record low in April. The market shows signs of increased activity with investors picking up cheap deals in the North of England.

Millions of people all over the world face a bleak future post-Coronavirus lockdown, as businesses disappear and workers are laid off. However, life doesn’t have to end because of lockdown or recession! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

In this Money Tips Podcast episode:

  1. Mortgage payment holiday scheme extended for three months
  2. UK property sales hit record low, but overseas investors are still buying
  3. Falling Pound Sterling attracts overseas property investors to UK property market
  4. UK mortgage application dropped by 50% between March and April
  5. Mortgage gearing in the 2008 recession not the same as current situation
  6. Google and Twitter extend ‘work form home’ for staff cutting office need
  7. Over 10 million of economically inactive one third of working population
  8. Almost a third of population, could reach 50%, not producing or paying taxes
  9. 1 million now claiming state benefits, 2 million self-employed claim loans
  10. Will your job be one of millions phased out by automation, innovation and AI?
  11. Time to your economy or Uconomy moving whatever the country is doing!
  12. You can create a second income or get into property during the lockdown…

You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than working on someone else’s passive income.

If you’d like more information on how to quit the rat race, email me at or send me a message through Facebook or my Money Tips Daily community.

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By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon

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