Mortgage Costs Fall

‘Research by London & Country suggest that mortgage costs have fallen by up to £3,000 in the last six months, despite rising fees.

David Hollingworth, of London & Country, says: “Even with the bigger fees creeping in, mortgage deals are getting cheaper. This drop has definitely accelerated since Funding For Lending came in and this improved competition is now also starting to filter down to borrowers with smaller deposits.”‘

Source: Daily Mail

Myfanwy Neville

Partner: Property and Construction, Sustainability and ESG

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