The update is a single point of reference for all relevant up-to-date information regarding individual specialist lending offerings during the crisis.

It includes the latest news on valuations, mortgage payment holidays, lending restrictions and the current product ranges from over 20 specialist lenders operating in the residential and buy-to-let sectors.

Dale Jannels, managing director at Impact Specialist Finance (pictured above), said: “…The sheer weight of ever-changing market conditions means that all specialist lenders have had to adapt propositions across the board and will undoubtedly continue to make adjustments on a regular basis.

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Dale stated that most lenders have been proactive with updates, but it remained tough for intermediaries to filter through the volume of changes.

“As such, we are working closely with lenders to better understand their evolving processes and to share this information with the intermediary community to help us all get through this difficult period and meet a range of clients’ ongoing specialist lending needs.

“A specialist Bridging Finance lender update is also being created.”

This is accessible to all intermediaries on the Impact Specialist Finance website.