Secure the best mortgage rates quickly before they disappear.
It is essential to secure the best mortgage rates if you are moving to a new home. Recently reported figures suggest that average mortgage rates are rising and property prices may be falling.
Higher borrowing costs in the wholesale market means many lenders mortgage rates are rising. Tightening criteria for lending is also making it more difficult to secure a mortgage. Recent statistics from HM Revenue & Customs suggest there was a reduction in property sales during April after a slight peak the month before.
If you are struggling to find a competitive offer call Deal Direct for the best mortgage rates. With access to lenders throughout the market we can still find good deals. We can also help you decide which is the best type of product to suit your circumstances.
Statistics show first time buyers are likely to pay more for their property and mortgage than this time last year. The end of the stamp duty holiday has also pushed up costs since the end of March. With prices rising it is important to get the most competitive deal you can so that you do not pay more than you have to.
You can easily miss out on the best mortgage rates if you are not checking what is available on a daily basis. Products can be withdrawn with little notice but Deal Direct can secure deals so that you get the best on offer.
Contact one of our skilled advisers today.