Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Mortgage lender limits loans size due to fears of falling Coronavirus housing market In this Money Tips Podcast episode: 1. Nationwide cuts lending in fear of negative equity in a falling market 2. Bigger deposits required from borrowers to cover future price drops 3. Maximum LTV Loan to Value cut from 95% - 85% for First Time Buyers 4. Brokers report tightening mortgage lending as banks become cautious 5. Numbers claiming work-related or unemployment benefits up 126% to 2.8 million 6. Economists warn of higher unemployment figures when furlough scheme ends 7. UK economy shrinks by 20% in April – biggest monthly drop in history 8. UK House prices suffer biggest fall in 11 years as lockdown kills the economy 9. Will your job be one of millions phased out by automation, innovation and AI? 10. You don’t need your own money to create a second income in property 11. Time to your economy or Uconomy started whatever the economy is doing! 12. You can create a second income during the lockdown…and come out stronger 13