Mortgage broker, Deal Direct, on why market uncertainty can be a good thing.
As a leading UK mortgage broker, Deal Direct has seen many periods of uncertainty in the home-ownership market over the last 10+ years.
According to market analysts, all regions in the UK reported a recent fall in mortgage sales of between 10 and 20%, when compared to the previous months’ figures. Inflation and the election could be two of the major contributory factors to this fall, as house buyers and home-owners play the game of wait and see. However, the uncertainty that is currently rippling through the market may actually work in your favour, especially if you have been thinking of securing a mortgage or remortgage.
The present mortgage climate has seen record-breaking low-mortgage-rate deals on offer from lenders throughout the UK. The continuing uncertainty could stoke further competitiveness among lenders, which could lead to a wider availability of cheaper and more flexible deals.
Deal Direct are an independent mortgage broker, which means our advisers can offer you so much more than a restricted range of products. We have access to mortgage ranges from all across the UK, which means you have an extensive choice and an increased likelihood of finding a product that meets, or even betters, your home financing requirements.
For the latest information on low-rate, flexible mortgage offers available in the UK today, contact Deal Direct.