Each month, John Armstrong from our recommended team of mortgage brokers explains the current situation for property investors looking to finance property purchases as well as a commentary on the market as a whole. Your specific situation will dictate the loan to values and rates that you will be offered so if you need any help please feel free to contact John for more information. We offer only general advice here on current products – you need to take appropriate financial advice from a qualified professional before applying for any mortgage or other financial product.
Market round up
Figures out at the end of March from the Bank of England show that the number of mortgage approvals for house purchases have again increased. There were 32,000 in January and this increased to 38,000 in February (this is the highest level since May 2008).
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