Thu 28 Sep 2017
Good news for buyers needing a mortgage, rates are at an all-time low according to independent mortgage advisor Adam Sentance
Since the recession we have seen tighter controls on mortgage lending with more stringent affordability checks on house buyers, however lenders seem to be in a lending frame of mind and are beginning to loosen their purse strings by offering their lowest mortgage rates yet.
Adam Sentance, Independent Mortgage Advisor at Apt Financial Management believes now is a good time for buyers, however he advises "deposit is king, with a higher deposit buyers can get better rates."
The biggest example of this is the difference between a 5% and 10%.
"With a 5% deposit you are looking at rates of around 3.9%, whilst with a 10% deposit rates can start from just 1.9% which is a huge difference". says Adam.
How to find the best mortgage deal?John German Estate Agents work alongside Adam and the team at Apt Financial Management will use their years of expertise to help you find the mortgage most suitable for your needs.
- Search the whole market - not tied to a panel or small list of lenders
- No broker fee or charges to pay
- Home appointments including outside of office hours
- Same day appointments/telephone appointments
- Speedy results, mortgage offers usually within a week
"Just to say a big thank you to you all for the excellent service you gave us throughout the sale of our house! Having Simon come to value it back in February, we took a long time to decide to put it on the market having lived there for 28 years! After many valuations later we took the decision in June to put it on the market. I knew we would choose yourselves as you have never been pushy or pestering. We would not hesitate to recommend you to anyone as you made it all go so well!"