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Mortgage rates are 'FALLING' and product choice is 'INCREASING' as the market continues to stabilise.

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Mortgage rates are \'FALLING\' and product choice is \'INCREASING\' as the market continues to stabilise.

Mortgage rates are 'FALLING' and product choice is 'INCREASING' as the market continues to stabilise.

With recent news that February 'Asking prices' increase by the smallest amount on record, its clear that we are heading into a more settled marketplace. 

Here are some facts about the mortgage marketplace: 

* There are 4,341 different deals currently available (up from 3,643 in January) 

* This is the first time product choice has risen above 4,000 since August last year.

* The average interest rate charged on both two-year and five-year deals has also fallen for the third month in a row, according to financial information group Moneyfacts.

Rates vary according to the size of the mortgage and the value of the home it's borrowed against. And smaller loans get the best prices.

The cheapest rates are starting to emerge at below 4% for people with smaller loans. This is a major improvement to the 6% average last November.

Market News

Although there is still a shortage of available homes for sale, the good news is there's more choice for home buyers now, with less competition than a year ago. 

A leading property portal announced recently that the number of homes is up by 48% on the record low levels of last year, allowing buyers to buy with confidence with steady house prices and good mortgage rates available.  


We can save you time, hassle, and hopefully money too, by finding the perfect mortgage for your house move so you can be left to concentrate on the important things. 

If you need help with getting the best mortgage, get in contact today on 0118 9122370

Your home may be repossessed if you do not keep up repayments on your mortgage