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Struggling To Get A Mortgage In This Difficult Economic Climate? Speak To Property Investment
Struggling To Get A Mortgage In This Difficult Economic Climate? Speak To Property Investment
Figures from a recent survey show that mortgage approvals across the UK fell by 17% at the start of the year, as the housing market experienced a steep fall in activity.
Wollaton,
Nottingham,
United Kingdom
(prbd.net)
06/08/2010
"Figures from a recent survey show that mortgage approvals across the UK fell by 17% at the start of the year, as the housing market experienced a steep fall in activity."
Figures from a recent survey show that mortgage approvals across the UK fell by 17% at the start of the year, as the housing market ( http://www.propertyinvestmentportfolio.com ) experienced a steep fall in activity.
But, a few months on and the news is not all doom and gloom. First-time buyers seem to be favourable with lenders at the moment, with some excellent products on the market for potential clients with a good credit history.
Secondly, buy-to-let rates are falling gradually with several new competitive products hitting the market over the last few months.
However, as the article suggests, the number of mortgage applications ( http://www.propertyinvestmentportfolio.com ) being refused has seen a slight rise. These figures are however not always entirely representative of the true story in the marketplace with many of the refusals being made to potential borrowers walking in to a high street bank and getting point blank refused.
Speaking to a mortgage broker who is whole of market can dramatically increase your chances of obtaining a mortgage, and often at a far superior rate than your high street bank can offer. PIP’s recommended brokers ( http://www.propertyinvestmentportfolio.com ) are all industry wide - i.e. they can scour the market to find the best rates on offer from all lenders, and not just one or two that you can speak to in person. They are also very familiar with lending criteria for each lender, and can ensure that the criteria for the products they put you forward for are in alignment with your age, income and employment status, to name just a few.
Don’t forget, Property Investment Portfolio have an stunning range of affordable Buy To Let properties in Nottingham, Hull and various other North and Midlands location, meaning that not only can they help you with a mortgage, they can probably find the ideal investment property to suit your needs as well!
For more information on how our recommended brokers can help you or for a free chat, and also to take a look at all of the latest Buy To Let Properties that are on offer, email Property Investment Portfolio at info@propertyinvestmentportfolio.com and they will ask one of their recommended brokers to get in contact at a time convenient for you.
For more details visit : http://www.propertyinvestmentportfolio.com
Press Contact:
Arv Soar
Property Investment Portfolio
223a Trowell Road
Wollaton, Nottingham NG8 2EP UK
+44 (0)115 928 9333
pip@clearwebservices.com
http://www.propertyinvestmentportfolio.com
About
Property Investment Portfolio.com (http://www.propertyinvestmentportfolio.com/) deals with all aspects of property investment, they build, rent, sell and buy property making it the one stop shop for all of your needs.
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