Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.
Propertymark is the latest trade body to call on the Bank of England to cut interest rates to boost demand for property.
UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.
It sees lower rates as key to increasing affordability levels and consumer confidence, particularly among first-time buyers, as well as ease the financial strains on homeowners in general.
Read about the UK Housing Market via our Specialist Residential & Buy to Let Division
The news comes as property website Zoopla found that people who are buying their first home are paying an average of £244,100 – this is £20,300 below the local market average.
To read the full article click the link below:
Source: Property Industry Eye