Monday, November 2, 2009

Great news for FTBs apparently

Lenders ease mortgage rationing

"Lenders have been making it slightly easier for borrowers to take out a mortgage, according to the financial information service Moneyfacts. The number of mortgages requiring a minimum 15% deposit has risen from 189 in the past month to 226, the highest number for more than a year. At the same time the number of mortgages requiring a 20% down-payment has fallen, from 136 to 117. However 66% of mortgages still need at least a 25% deposit."

Posted by phdinbubbles @ 02:49 PM (758 views)
Please complete the required fields.



One thought on “Great news for FTBs apparently

  • What the BBC won’t mention is the fact that the rates are high for those without deposits and will only go up when the touchpaper is lit under interest rates.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>