I am delighted to announce that I have just been advised by our mortgage brokers that they have today received access to 95% loan to value mortgages from a main high street lender. The usual caveats apply in that the product is subject to terms and conditions and also availability but I take this as very welcome news. I have long argued that mortgage availability is key to the housing market progressing and developing and hopefully this is the first of many similar products to hit the market in the next couple of weeks. This also re-enforces the importance of clients receiving independent mortgage advice as part of the purchase process. For more information please don’t hesitate to contact either myself or any member of the Blackadders Property Team on one of the usual numbers. I will continue to keep you advised of developments.
Lindsay Darroch Partner & Head of Property