With mortgage lending on the rise, are you getting the right advice?
The Bank of England has released its latest data on mortgage lending which reveals that new lending commitments are at their highest level since the first quarter of 2008. The Bank of England also reports that first time buyers increased their share of the market to 21.4 percent in Q2 2018 – a rise of 1.8 percent against the previous quarter.
These figures suggest that home ownership is still as important as it has been historically, despite the uncertainty surrounding the UK economy and Brexit.
Whether you are buying a first home or switching your mortgage, the process can be time-consuming, stressful and extremely personal, with mortgage lenders keen to understand everything from your income to your everyday spending habits before they make their decision.
Added to this, if you are dealing directly with your lender, there’s no way of knowing whether or not you have the best mortgage deal to suit your circumstances.
That’s where City Mortgage Solutions team of brokers can help. With access to the best deals across the industry, they will take the time to get to know you and your circumstances and provide you with the best possible advice to ensure you get the best mortgage available.
What’s more, our brokers will provide you with all the support you’ll need to complete the mortgage process. They will be on hand to provide expert advice wherever it’s needed. You can see what some of our clients say about our service here.
We can’t always avoid the personal questions that lenders need answers to, but we’ll make sure that finding you the right mortgage is as stress free and painless as it can be.
Feel free to contact us to make your appointment.