More mortgages available

Getting a mortgage is becoming easier.

Neil Smith, one of a number of senior independent financial advisers based at Lampons branches, says statistics show that lending is increasing to three crucial groups - first time buyers, high-loan-to-value borrowers (applicants wanting a loan of over 85% of a property's value) and buy-to-let investors.

"Slowly but surely we are seeing that building societies and banks are regaining their appetite for what some had come to regard as higher risk lending. This is excellent news for these individuals and the property market as a whole because these are exactly the kind of borrowers that will restore momentum to the market," said Neil.

For advice on mortgages, insurances and a complete range of other financial products, speak to an adviser at your local branch of Lampons. Neil Smith can be contacted at the firm's Uckfield office.

Posted on 11th April, 2011