Property news: Grantham estate agency can help customers navigate new mortgage regulations

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Further to recent news on the impact of new regulations outlined in the Mortgage Market Review, local mortgage services consultant Paul Petruzziello at estate agency Connells in Grantham is now helping customers looking for a home loan to navigate the new requirements.

Despite popular opinion that the new regulations will hinder the application process, Connells is looking to reassure customers that its mortgage consultants have been fully trained on the new guidelines and is now advising customers.

Paul said: “We are urging anyone who has been thinking of buying, especially those who are looking to get on the property ladder for the first time, not to be put off by the recent hype around new mortgage rules.

“Although it is true there is now a greater level of input required from both buyer and ourselves as mortgage consultants, we have fully prepared for the changes and can help ease the process considerably for prospective buyers.”

Connells mortgage services remains extremely positive about the Mortgage Market Review which aims to ensure home loans are affordable in the longer term. All of its mortgage consultants received extensive training in preparation for April 26, when the new regulations came into play.

If you have a property to sell and would like to book a free market appraisal with Connells, or if you are looking for mortgage advice, contact the local branch on 01476 590050 or email grantham@connells.co.uk