News

SALES NEWS :- Buyers now have a vast choice of mortgages

12/09/17

This month there are more mortgage products available for buyers than at any time for well over 10 years according to Moneyfacts, an independent firm which monitors the mortgage market. It says: on September 1 there were over 4,500 mortgage products available; mortgage choice has increased in each of the past 16 months; back in 2009 there were only 1,209 mortgage products for buyers.But one part of the mortgage market is changing. So-called ‘portfolio landlords’ – those with four or more buy to let homes – will from September 30 have to undergo more rigorous financial assessments if they are to secure mortgages for future BTL properties.

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