Wednesday, 25 January 2012

Cheap loans are destroying first time buyers hopes of owning first home....

Experts have warned that 2012 will be a tough year for first-time buyers trying to get a mortgage, despite the promise banks made to try to increase the number of cheap deals that are available. Mortgage brokers have estimated that even if a person has a 10% deposit, around half of all buyers will be refused a loan. This is taking into consideration the rapid rise recently In the amount of mortgage deals around specifically aimed at first-time buyers. moving home? Need conveyancing? Visit us for your free quote on the best deals around!

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