MORTGAGES

The number of mortgage products on offer has increased by 70% since hitting a low last April say financial information service Moneyfacts.
According to The Bank of England's latest Trends in Lending report, this increasing competition between lenders is putting a downward pressure on mortgage pricing.
If you are a first time buyer or have limited equity you may be pleased to hear that many of these new products offer a higher loan to value (LTV). Moneyfacts say the number of deals with an 85% LTV has increased to 345, up from 186 last April.
For buyers with a 5% deposit there are 13 products to choose from and interest rates may be higher.
Whether you are looking to buy your first home or trying to re-mortgage, if you need help go to our website and ask for a call back of press live chat and even press the Mortgage button for independent advice.

http://firsttimebuyersupermarket.co.uk/