The Dizzy Heights of House Prices


According to an article published in The Guardian on June, 1 2015, “UK house prices are likely to surge over the next few months, an economist said on Monday, as the Land Registry reported a return to growth in April. A 0.9% rise in house prices during the month followed a 0.8% dip in March, and took the average price of a home in England and Wales to £179,817. ” This means that if you are looking to buy a home this is the best time because interest rates are only going to keep rising.

According to experts, this is because of rising incomes, competition between lenders and falling arrears in existing loans. Is there any indication that these things will change in the near future and affect interest rates downwards? Not likely; overall, the economy is very healthy and is predicted to continue to be healthy which means that interest rates are going to keep rising. The only question for you is where to get your mortgage from.

Experts like Mortgage Advice Services come in very handy. They have qualified professionals who assist individuals secure affordable loans. They have done this successfully for hundreds of UK residents over the years. They have partnered with many different lenders which means that they are able to get you a mortgage that you can afford. In fact, they have made it so easy for you that you can get a quote by completing a simple form on their website. All it will ask you to input is how much money you would like to borrow, the value of your current property of you have one, who your current lender is if you have one and lastly, how many years you would like to have the mortgage form. Once you complete the form you will be sent a lit of the most competitive lenders for you.

The great thing about Mortgage Advice Services is that they are about more than just mortgages They will look at the rest of your finances before deciding which kind of mortgage is best for you. They seek to understand their clients so that the can get them the best possible deal. They will ask you questions like whether you have had a property repossessed, whether you have received any defaults, whether you have been bankrupt and so on. These questions are only so that they can get you a mortgage that you can manage. You can find out more by calling them on 01332 257 087 or visiting their website, http://www.mortgageadviceservices.co.uk/

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