Best remortgage deal advisers already see trends forming in 2012.
With the first 2 months of 2012 at an end, as best remortgage deal advisers we at Deal Direct are beginning to see how the remaining 10 months are likely to unfold.
Some mortgage trends are already starting to develop and in the money market everyone is trying to predict where the economy is heading so that the advantage can be taken.
Many home-owners are wondering if the UK will have a double-dip recession, the worry is if this happens lenders best remortgage deals will be adversely affected.
Market predictions are difficult to make because who really knows what will happen in the future, and predictions are really just an educated guess. However, most experts agree that 2012 will not be a year when lending levels will significantly increase.
Many lenders have advised that they plan to increase best remortgage deal lending levels throughout this year, but all of recent market predictions actually point to lending remaining at 2011 levels or slightly below.
Lenders are more likely to focus on making mortgage lending less risky this year. Few lenders are viewing their mortgage book with pleasure and this is particularly the case for those lenders who were especially active before the credit crisis, most will probably want to remove their higher risk loans.
Here at Deal Direct we are familiar with different remortgage providers lending criteria and are best placed to source you a competitive deal.
