Mortgage rates

MORTGAGE RATES:

According to the British Bankers' Association, gross mortgage lending has dropped by over 50% & lenders are requiring 15% + as deposits, lending is also at it's lowest for five years
with home owners due to experience their first mortgage rate rise by the end of this year as most lenders are due to put rates up by significant amounts.

though affordability has eased recently, it is still hugely expensive to take on a mortgage especially with weekly earnings falling around 2%.

the situation is about to worsen due to the number of self certification mortgages held in the UK, better now known as sub prime mortgages,held by a mixture of those who never had a large income, and those who have had a reversal in their level of income.

if you are experiencing difficulty, visit us at;
www.candace2finance.com/loans