Increase in mortgages granted for borrowers with small deposits!

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Increase in mortgages granted for borrowers with small deposits!

Post by admin » Thu Jul 19, 2018 9:46 am

Increase in mortgages granted for borrowers with small deposits!

The number of borrowers with small deposits who are being approved for mortgages is slowly creeping up, according to the latest data from e.surv. Statistics from the chartered surveyor’s Mortgage Monitor for June revealed first-time buyers were among the ‘main beneficiaries’ of the 66,435 loans approved during the month. “Mortgage approval rates are up both compared to last month and the same point a year ago, suggesting that lenders are offering deals which are tempting more borrowers to the market.”

17/07/2018 | source: https://www.whatmortgage.co.uk/news/inc ... -deposits/

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