Just two weekends into 2018 and early indicators are all looking extremely positive. The Helpline is already noticing the difference with new enquiry levels the best they have been for over 10 months and reservations converted to appointments up 23% on the same week last year. Rightmove have also reported a ‘busy start to 2018 with increased home-hunter activity’, visits are up by an average of over 9% so far in January, compared to the same period last year.
We came into the new year with over 100 Mortgage & Protection Advisers, more than ever before, which can only be good news with no delays on securing appointments.
Lenders continue to give more reason for optimism as they drive for market share and mortgage rates stay highly competitive. I expect to see more Lenders come to the market with 90% offerings over the coming months, with 90% rates currently starting from as low as just 1.90% (2 Year Fixed) this could be a great alternative to Help to Buy or for those Part Exchange reservations.
A strong start to what is shaping up to be a very buoyant month.
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