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CREDIT CRUNCH - WHY YOU SHOULD CALL A PROFESSIONAL
You may be aware of the Credit Crunch, as it is commonly being referred to, but why should you worry about it? Whilst this problem originated in the USA, because of the so called "NINJA" loans, (No Income, No Job, No Asset), the ramifications are being felt across Europe and the UK. The impact is there are less funds in circulation as liquidity is squeezed in the Capital markets, and to make this as easy to understand as possible, it means that mortgages are harder to come by at this time, as lenders are struggling to fund their lending requirements. This affects anyone who is looking to buy, either for the first time, or move, and anyone that is looking to remortgage. There simply aren't the products around that there was in the past. Over 20,000 mortgage Schemes have been withdrawn this year alone.The reality of this, is that what is available today from lenders, may not be there tomorrow. The rate of change is the fastest and most aggressive that the UK has ever seen. What can you do? The answer is simple, you can call one of our Mortgage Professionals at any one of our offices, or at our Head Office on 01707 872000, and they will discuss your options with you. With up to the minute access to all the available schemes and products, and direct links at high level to all the main lenders, we can take some of the strain away, and find the best deal for you! So don't delay - call us today, because tomorrow will be different! |
