April Mortgage Deals Improving
SOME GOOD NEWS FOR OUR POTENTIAL BUYERS
After a few weeks of a, somewhat, turbulent mortgage market, we do have signs of a return to normality with lenders starting to show an appetite for higher loan to value mortgages.
- Positive news from the mortgage market as lenders are trying to support clients who want to buy a new home.
- Some lenders have returned to lending at 85% and 90% LTV, meaning that buyers are now able to proceed with a 10% deposit.
- Underwriters are able to process the cases, as usual, letting people know that they can obtain a mortgage.
- As it is still difficult for a surveyor to visit a property, lenders are trying to use desk-based valuations where they hold enough data to do so.
- Mortgage rates are still competitive from available lenders.
At Dawsons we have 3 expert financial advisors covering all of our offices (left to right in our photo above):
Shaun Sturgess - Mortgage and Protection Adviser Shaun covers both Swansea and Morriston branches
James Boland BA CeMAP DIPFA MLIBF - Mortgage Advisor James currently covers our Mumbles, Sketty, and Marina branches.
David Treharne - Mortgage and Protection Adviser David is based in Dawsons Llanelli office also covering Gorseinon and Killay branches.
You can contact our mortgage advisors HERE.