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First Time Buyers Shut Out - Easyswitch Mortgages Help First Time Buyers Enter Housing Market
First Time Buyers Shut Out - Easyswitch Mortgages Help First Time Buyers Enter Housing Market
First time buyers are getting little satisfaction from the financial sector. Easyswitch Mortgages steps up to the mark to help first time buyers secure mortgages and enter the housing market.
Chelmsford,
Essex,
United Kingdom
(prbd.net)
07/09/2010
"“We appreciate that first time buyers find the whole process somewhat daunting – knowing how to move forward after blanket rejections from the banking industry is demoralising.""
A recent article by The Guardian highlighted the decreasing level of lending in the UK that is effectively shutting first time buyers out of the mortgage industry. July saw a sharp drop in the level of lending – down from £518mn to £86mn from June. It would appear that the UK banking industry is doing little to support first time mortgage buyers. The BBC echoed these finding with data provided by Rightmove.com which showed that the number of potential first time buyers dropped from 31% to 22% from last year.
Easyswitch Mortgages is acutely aware of the falling level of lending available to first time mortgage buyers. The Company has experienced a significant increase in enquiries and successful lending to first time mortgage buyers who are not being extended lending elsewhere.
Justin Moy of Easyswitch Mortgages is concentrating his company’s efforts and resources to allow first time buyers to enter the housing market. “We appreciate that first time buyers find the whole process somewhat daunting – knowing how to move forward after blanket rejections from the banking industry is demoralising. While not all first time buyers can be catered for, we work hard to find solutions and track over 140 lenders to find a first time buyers mortgage to suit”.
Easyswitch offer an exclusive package for first time buyers to prepare the groundwork when looking to secure a mortgage. The Ready2Move service covers all aspects of the buying process, such as getting the mortgage agreed in advance of the offer being made, getting quality Solicitors in place to deal with the legal work, and ensuring that First Time Buyers are not out of pocket, with useful Fees Protection just in case. Will services are also factored in given that most First Time Buyers would not have had to think about estate planning until now. Ready2Move is available for first time buyers at £49 which is repaid on completion of the mortgage agreement.
Easyswitch Mortgages’ website has a suite of tools and services for those seeking mortgage advice. The Mortgage Application Form is an intuitive and easy to use tool that visitors can use for free to quickly assess what mortgage deals would best suit their needs. Customer service is paramount to Easyswitch and while the company is experiencing growth, Justin is committed to ensuring that his staff and advisers are on hand to personally discuss clients’ financial needs. The Company offer a call-back service so that mortgage and financial advice can be sought at a time convenient to the client.
ABOUT EASYSWITCH MORTGAGES
Easyswitch Mortgages was set up in 2007 to help local customers with their mortgage needs. The Company has experienced significant and sustained growth as many local and national brokers close down or scale back their services in the current market. Easyswitch Mortgages saw the opportunity to expand their business model by developing on-line tools making it easy to do business with customers.
Easyswitch Mortgages’ 3 directors and staff have over 80+ years combined experience of Banking and looking after customer finances. The Company’s advisers are registered with the FSA, qualified to CeMAP (Certificate of Mortgage Advice and Practice), and many are also qualified to CeFA or FPC (Certificate of Financial Advice / Financial Planning Certificate) level.
The Company offers a full range of financial services for those looking for mortgage financing including Remortgaging, Homebuy schemes, Buy to Let Mortgages and New Build Mortgages. Easyswitch Mortgages also provide competitive insurance and protection cover. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
CONTACT
Easyswitch Mortgages
PO Box 9982
Chelmsford
Essex
CM1 9GZ
Tel: 08456 800898
Fax: 01245 200285
enquiries@easyswitchmortgages.co.uk
http://www.easyswitchmortgages.co.uk