There is an increase in enquires from mortgage brokers regarding clients who are stating that they have been misadvised about the decision to take out a
Warning of rise in complaints around two-year fixed rate mortgages mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.
The reasons are affordability issues and, given reduced transaction levels, lenders “pricing their product transfers in line with their new business ranges”.
First-time buyers (FTBs) are said to be the lifeblood of the housing market, and saving for a deposit is commonly stated as the biggest obstacle they face. Hence there are various government schemes aimed at reducing the amount of money FTBs must put into their purchase. Help to Buy (HTB) was one such scheme, which