Are you buying your first home?
We have experienced a lengthy period of historically low interest rates which has helped fuel unprecedented growth in property prices, so first-time buyers have enjoyed very cheap mortgages but had to pay a pretty penny for the house!
More recently, however, the whole landscape has changed beyond recognition. During the autumn of 2022 fixed rate mortgages began to increase due to background economic circumstances, and the Bank of England Base Rate also began a sustained series of hikes, mainly to try and temper rapidly rising inflation.
On the flip side, we have seen house price rises begin to slow and more recently fall back to some extent, which does offer some hope to those looking to get onto the ladder for the first time.
Visit Now: https://www.willassistmortgages.co.uk/mortgages/first_time_buyer/
#first_time_buyer_mortgage_broker #mortgage_broker #mortgage_advisor #mortgage_consultant #leeds
More recently, however, the whole landscape has changed beyond recognition. During the autumn of 2022 fixed rate mortgages began to increase due to background economic circumstances, and the Bank of England Base Rate also began a sustained series of hikes, mainly to try and temper rapidly rising inflation.
On the flip side, we have seen house price rises begin to slow and more recently fall back to some extent, which does offer some hope to those looking to get onto the ladder for the first time.
Visit Now: https://www.willassistmortgages.co.uk/mortgages/first_time_buyer/
#first_time_buyer_mortgage_broker #mortgage_broker #mortgage_advisor #mortgage_consultant #leeds
