Mortgage Broker update

Mitchell Mann, our resident Mortgage Broker gives his views on the housing market.

According the Office of National Statistics (ONS) house prices across the UK have risen an average of 9.9% in the last 12 months.

And it’s not just London distorting the average, whilst prices rose most in the capital (18.7%) taking London and the South-East out of the equation the rise is still 6.3% up on 12 months ago.

Great news for investors but perhaps not such great news for first-time-buyers with a ‘wait and see’ attitude.

With talk of the Help-To-Buy and other government backed schemes fuelling a potential bubble it would be wise for first-time-buyers to speak to a broker about their options sooner rather than later.”

By Mitchell Mann, Mortgage Broker

Click here to request a free no obligation quotation.

Written by Julie Hanson

Julie is passionate about property – development, investment and portfolio planning. Along with husband Alec, Julie is actively building a property portfolio while helping others to do the same.

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