Source an affordable mortgage offer with mortgage broker, Deal Direct.
Sourcing an affordable mortgage offer is easier with independent mortgage broker, Deal Direct.
Although housing inflation rates over the last 12 months have fallen, according to some analysts in the market, house prices are showing signs of picking up. Despite the overall downward trend in housing inflation, it has been suggested that home ownership levels are the lowest they have been in 30 years.
The last two years in property have seen record low mortgage rates, however, buyers have struggled with:
- finding a suitable property
- tightened lending criteria
- increases in stamp duty
- disparity in income levels vs house prices
All of this means getting on the property ladder in the first place, and moving up it has posed a significant challenge.
However, it is not all bad news. The challenges have led to an increased level of creativity from lenders to help support clients. This means more competitively priced deals and favourable terms and conditions. Smaller lenders have also sprung up, that offer a real alternative to the mainstream. They take a more personalised approach to underwriting and consider individual circumstances, case by case.
These smaller lenders tend to offer their products via broker channels. This means that Deal Direct is ideally placed to source these deals on your behalf, opening up the possibility of finding financing for your home from somewhere other than the mainstream options.
If you are searching for an affordable mortgage product that helps you step on or up the property ladder, Deal Direct could help you.
Speak to an adviser today on 0800 048 8828.
