The best mortgage strategy is for UK lenders to pull together.
Martijn Van der Heijden the CML Chairman has said the best mortgage strategy would be for UK lenders to focus on both product innovation and quality.
According to Mr Van der Heijden it is time that the UK's £1.2 trillion mortgage lending industry started to act together and pull in one direction.
He added that lenders should focus on product quality and innovation. He has said that this would be the best mortgage strategy for both the good of home-owners and the health of the housing market.
He added that by focusing on quality, confidence and skills the mortgage industry could help create a healthier long term property market. He said that customers need lenders to be more honest and transparent.
Mr Van der Heijden acknowledged the challenges that lenders currently face due to the present economic conditions, however he believes there is still a lot that can be done to improve the market long term.
If you are looking for a competitive mortgage offer you are advised to contact independent 'whole of market' Deal Direct.
Our skilled advisers will review your circumstances and find the best mortgage deal suited to your needs.
Contact Deal Direct today for an up to date mortgage comparison.
