‘Better mortgage deals are becoming available every day’

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BETTER deals are becoming available for people planning to buy property, says a town mortgage expert.

Richard Baldham from the Mortgage Advice Bureau based at Newton Fallowell estate agents in Grantham says lenders are producing more mortgage products, demonstrating a greater willingness to lend and offering more competition and better rates for borrowers.

He said: “In terms of what is happening to mortgage rates May has seen a flurry of activity with lenders withdrawing and re-introducing new products, refreshing and re-pricing existing mortgage deals with hardly a single working day going by without some product change taking place.”

More information: call 01476 591900, e-mail richardb@mab.org.uk or visit the office in High Street, Grantham.