Self employed who took Covid grants refused mortgages
About 1 Week, 44 Minutes ago.
Some of Britain's biggest high street banks are refusing to give mortgages to self-employed people who received government grants during the pandemic.
Mortgage brokers say those working in sectors like entertainment, hospitality and travel are the worst affected.
Many lenders spoken to by the BBC are not accepting mortgage applications from people on furlough.
Brokers said that banks often see people who have received Covid-related grants as high risk.