Useful Links

Blog Roll

The UK’s leading homebuyer shares industry news, opinion pieces and hints and tips – sign up to receive our updates here…

Quick Move Blog

Tuesday, 18 November 2008

Low-Deposit Mortgages Disappear

Mortgage deals for people with just a 10% deposit have almost disappeared from the market.

Only 66 deals 10% deposit deals are still available compared with 586 three months ago and 1,197 in February.

With the market shrinking rapidly, the higher-deposit deals are dominating the limited mortgage scene.

Ray Boulger of Charco, the mortgage broker, said that lenders were still tightening their belts and so were likely to be rejecting more borrowers whom they considered to be at a greater risk of going into arrears. "I do not see the situation getting better in the short term," he said.

Click here to return to blog home

0 Comments:

Links to this post:

<$BlogBacklinkTitle$>: <$BlogBacklinkSnippet$>
posted by <$BlogBacklinkAuthor$> @ <$BlogBacklinkDateTime$>

Create a Link

WHAT WE OFFER
Buy My House
Sell House Quickly
Quick House Sale
House Part Exchange
Sell House Fast
Sitemap

Share |

Home Buyer
House Buyer
Bryant Homes
Home Repossession
Sell My House
We buy any house
Quick Move Now Review

USEFUL LINKS

Quick House Sale Calculator

Housing Market Indicators

Fall Through Index

Refer a Friend

T: 0800 068 3366

Email Us

Facebook

Quick Move Now - The UK's leading home purchase specialist

Operating since 1998 and having bought over 3,500 properties, Quick Move is the largest and most respected quick house sale company in the UK. We offer a service for anyone looking to sell their house fast. We will buy your house for cash, often within 7 days, ensuring a quick, secure and efficient house sale. Our service also offers certainty to house sellers - when we commit to buying your home, we will set a completion date to suit your timescales so you have the comfort of knowing that your sale will go through on the date you require.

How is Quick Move Now different to other quick house sale companies?

We buy houses with our own cash, for ourselves, which is why we're able to offer a quick sale and most importantly to offer you certainty. We have funding readily available, so we don't have to raise mortgages or loans for our purchases, which avoids any unnecessary delays. This is unlike most other quick house sale companies which will sell your details on to 3rd parties, often individuals, who then often need to raise finance for the purchase, leading to further delays and uncertainty. We do not do this - our quick house sale service gives you speed and certainty.

We buy any house for cash

We buy any house - that is quite a claim. Unlike normal property investors QuickMoveNow.com are true cash buyers and can therefore consider any house in England and Wales. Quick Move Now can help home owners in many situations, whether you're looking for a property part exchange, if your house sale has fallen through, if you're facing repossession or just need to sell your house fast.

Sell your house fast - our unique 24 hour guarantee

We offer a unique 24 hour guarantee - if we make a formal offer to buy your house, we guarantee to have the cash available within 24 hours. How many other quick house sale companies can offer that?!