Mortgage broker - North Yorkshire prices hold steady

North Yorkshire mortgage brokers are keeping an eye on house prices in the county.

After an incredible ten-year boom in the housing market, the growth in house prices is now showing real signs of slowing. Whilst prices, particularly in London, are still rising, the percentage increase is reducing, and fewer houses are now being sold overall. The market is slowly turning away from favouring sellers to favouring buyers, which is good news if you’re looking for a property in North Yorkshire and need a mortgage broker.

North Yorkshire mortgage broker

A mortgage broker can help you to find the right mortgage product for your needs. In North Yorkshire, property prices have risen over the past decade, producing excellent returns for homeowners, but making it difficult for buyers to secure a sale at a price they can afford. A high demand for housing in the county, along with relatively low numbers coming to market has held the balance in the sellers’ favour, but with many buyers feeling that houses are overpriced, together with the introduction of Home Information Packs and the rise in interest rates, now may be a good time to buy.

If you’re thinking of buying a property in North Yorkshire, talk to a mortgage broker. Rather than spending all your free time surfing the web looking for great mortgage deals, or scouring the pages of your Sunday paper or consumer finance magazines, leave all the searching to a professional. Of course, it helps if you have an idea of what you want, because a mortgage broker will begin by collecting as much information about your needs as possible, to enable him or her to find mortgages that match your needs. You should think about:

• How much you need to borrow
• What deposit you can offer
• What mortgage term you’re looking for
• What type of repayment scheme you want
• What levels of flexibility you’re looking for

All these factors will help the mortgage broker to go to the market and find a selection of products to recommend to you. Mortgage brokers are obliged by law to give you a clear explanation of each product they recommend to you, so that you can make an informed choice about your mortgage. This reduces the chances of your being mis-sold a mortgage product, and helps to ensure that you are absolutely happy with the mortgage before you commit to it.

Move and Mortgage isn’t just a mortgage broker in North Yorkshire, but is dedicated to offering you an alternative to estate agents when it comes to selling your home. Set up an account, advertise your property yourself and stop paying estate agent fees. Setting up your advert is free; all Move and Mortgage ask is that you consider their advice when it comes to your next mortgage - but as appointed representatives of Financial Ltd, which is authorised and regulated by the FSA, you can be sure that you’re getting fair and impartial mortgage advice. Find out more about this great opportunity to advertise your home free of charge by calling 0800 077 8225 or filling in our online enquiry form.

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