Latest mortgage rates from Deal Direct.
While mortgage rates for high deposit deals are some of the lowest ever offered, with a small deposit buyers can struggle. Many first time buyers rely on affordable housing initiatives such as the NewBuy scheme to get onto the housing ladder.
There are a number of different products available to suit buyers with small deposits. For example, the NewBuy scheme enables house buyers to get a 95% mortgage loan on a newly built home. Other types of product such as shared ownership and equity loan schemes are also available.
For more information and the lowest mortgage rates available from lenders, for buyers with small deposits, contact Deal Direct. We can offer impartial advice and competitive mortgage rates to suit your circumstances.
Recent RICS figures suggest that the number of potential buyers who are viewing properties increased in the past month. The combination of steady house prices and more mortgage availability may be offering an improving picture in the housing market.
RICS figures suggest that the number of homes coming onto the market may be rising, with a 5% increase since September. Council of Mortgage Lenders figures also suggest that mortgage advances were up by over 10% compared to the previous quarter.
At Deal Direct we have access to the latest mortgage rates on offer from lenders. Contact one of our advisers for the best deals available to suit your circumstances. Getting the best deal that you can, could make a big difference when you are trying to buy a new home.
Call us today at Deal Direct.
