Together to continue lending
Specialist lender Together has committed to continue lending during the second lockdown.
The lender will continue lending across its commercial and personal finance divisions to customers in mainland UK.
Pete Ball, personal finance CEO, said: “We are committed to making our customers’ ambitions a reality by continuing to provide a normal service throughout the second lockdown.
“The Royal Institute of Chartered Surveyors (RICS) has confirmed that physical valuations of properties will continue throughout the month-long period, unlike in the first lockdown in March, when the property market effectively closed.
“Valuations will be subject to Covid-secure safety protocols, and we will be able to use desktop modelling and automatic valuations, when needed. We will also be able to use our in-house legal team to make sure applications can be processed as quickly as possible.”
Commercial chief executive, Marc Goldberg said many of the lender’s 530 colleagues would now be working from home but that major improvements to the automation of back office functions would make the process “as seamless as possible.”
He added: “We will continue to offer our award-winning finance products to brokers, intermediaries and direct customers.
“All current applications will continue and we’re here to support new applications as well, while keeping a keen eye on any government announcements in relation to any further lockdown measures.”