Mortgages

The Credit Crunch had a major impact on the range of mortgages on offer to house buyers. Since October 2008 the Bank of England’s rate has fallen several times and remained at a historical low for over 10 years. On the 2nd November 2017 the Bank of England raised the base rate from 0.25% to 0.5% – the first rate rise in over a decade. It is likely to rise twice more over the next three years, according to Bank of England governor Mark Carney. With the combination of Brexit and the potential effects of uncertain political times ahead this leaves the markets with an uncertain future.

The Independent Mortgage Store can help navigate these stormy waters as we have access to the thousands of mortgage deals in addition to private banks deals and exclusive broker only deals. Being updated twice a day by all lenders through our Mortgage Brain system, we will always look for the most appropriate mortgage to suit your needs and we complete the whole process on your behalf.