Well it’s about time I was able to share some good news with you: it looks like at least two UK lenders are starting to shift towards helping its borrowers.
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Good news: new research reveals that five year fixed rate mortgage availability is up and the Bank of England is expanding its Funding for Lending Scheme.
New research has shown that the majority of Brits want more from their mortgage lenders in terms of variety – and believe it or not but banks are responding!
The big push now is to make mortgage loans more affordable, and the Government’s trying everything it can to achieve these goals – but is it doomed to fail?
Experts say that mortgage rates are going to tumble even further in the future, yet some say there’s little to stop the slow decline of the housing market.
First time home buyers are either in dire need of help taking their first steps on the housing ladder or doing just fine, according to conflicting reports.
Chancellor Osborne has promised loads of help to UK home buyers in the new Budget, even as new figures revealed that lending figures dropped in February.
Well it’s about time if you ask me: more and more home lenders have begun to finally not just slash rates on their existing products but introduce new ones!
Home loan providers in the UK are adapting to the current environment in one of two ways: taking steps to make lending more accessible, or letting lenders down.
The figures are in: January’s mortgage approvals dipped compared to December’s, but were still up year-on-year- could poor weather be to blame?