Jul 04, 2013
The bottom of the mortgage market has been called, after Bank of England figures yesterday showed a major uplift in demand for house purchase loans, with the Bank forecasting a “significant” further rise.
The Bank also reported that remortgaging demand rose “significantly” during the second quarter of this year.
However, borrowers may need to act quickly, because of the way some lenders are reacting to rising Swap rates.
If you are worried about rising rates, or would like to take advantage of the current competitive fixed rates give Choice a call on 0800 612 8099.