Great Mortgage Rates?

Written on Wednesday 11th February 2009

Yet another drop in base rate, which is great news for people with tracker mortgages but what about the rest.

Our mortgage advisors are still confident of better rates being released into the market to reflect the recent drop, there are still some very competitive rates for buy to lets and we are seeing some mortgage deals with circa 3.5% rates.

We have seen far more first time buyers since December 08 than in the whole of the 6 month period leading up to November 08. The higher the deposit it seems the better the deal but with house prices dropping it is making buying your first home very affordable.

They are currently placing far more buy to let mortgages with one particular lender who offers by far the best rate.

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