Wolverhampton 01902 577775Bilston 01902 577767Lettings 01902 577799

Wolverhampton
01902 577775

Bilston
01902 577767

Lettings
01902 577799

26 | 08 | 16

Good News!

Posted by: katalysis

Good news! Apparently “buyers now have over 23,000 different mortgage products to choose from. A figure last seen during the heady days just before the housing market slowdown in 2008.” (Wasn’t it a financial crisis followed by recession?) “Product availability has increased for 18 consecutive months now and consumers continue to benefit from rates which remain close to all-time lows” reported MAB.

In further good news, the FCA’s recent post-MMR review with lenders announced “no obvious issues and all is working fine.” However (The bad news!) the AMI polled its intermediaries and most felt there was an increasing “issue with mortgage prisoners” and “a quarter of those felt the problem was getting worse”. However “whilst interest rates remain low, the issue is unlikely to surface significantly.”

So it seems if you're ‘squeaky clean’ and can jump through all the necessary hoops, now may be a good time.

So thinking of moving? Well call us now for a FREE Market Appraisal. Looking at buying? Then register on our mailing list.

Good News!
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