There has been a dramatic reduction in the number of mortgage deals available to buyers, as Lenders become more risk averse. Instead of almost 800 mortgage deals available before Coronavirus struck, there are now only 60.
Banks and building societies are also being much stricter with the criteria meaning it has become harder to get a mortgage particularly if you are self-employed.
More on this story here – https://www.bbc.co.uk/news/business-54000714