Whilst a lot of recent press reports have been very negative in respect of mortgage lending and certainly there is a degree of difficulty with a certain type of lending, I have recently been involved in discussions with a leading High Street lender regarding Blackadders being given access to some semi-exclusive off-market products.
With some commentators moving towards the view that interest rates will stay at their current low-level until spring/summer 2012, there does appear to be a slight easing off in the mortgage market. This reinforces the importance of speaking to an independent mortgage adviser at the earliest opportunity to make sure that you are getting the best deal you can.
Head of Property Services
- Remortgage level at ten year low (independent.co.uk)
- Barclays Mortgage Lending Hits £100bn (prweb.com)