Low mortgage rates boost first-time buyers. Overall market steady compared to July. Yorkshire remains top region for small deposit borrowers.
Falling swap rates caused mortgage rates to drop substantially during August, with many homeowners capitalising by taking out longer-term fixed rate deals.
Existing homeowners grabbing bargain mortgage rates. Slower house price growth helps some younger people onto ladder.
Competition in the mortgage market remains strong, with mortgage rates falling since the turn of the year.
Number of mortgages approved up compared to June. London market continues to be dominated by those with large deposits. Other regions offer fertile ground for first-time buyers.
The Bank of Mum and Dad is becoming ever more important, with an increasing number of buyers turning to their parents to help them onto the housing ladder.
In May 2019, Mark Goodfellow joined e.surv in the role of Product Manager. We chatted to him about his new job and the challenges he’s keen to embrace.
We’re delighted to welcome Mandy Spenceley back to e.surv Chartered Surveyors, as she joins the Central Region as our newest Area Operations Manager.
We talk to Scott Jack about his journey into residential surveying and how he went from Graduate to Area Manager at e.surv in just 5 years.
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