Darren Fower𝘔𝘰𝘳𝘵𝘨𝘢𝘨𝘦 brokers said 𝗺𝗮𝗷𝗼𝗿 lenders were still increasing rates or pulling deals altogether!
-> With low-deposit deals favoured by 𝗳𝗶𝗿𝘀𝘁-𝘁𝗶𝗺𝗲 𝗯𝘂𝘆𝗲𝗿𝘀 being hit hardest!
One 𝗵𝗼𝘂𝘀𝗶𝗻𝗴 𝗲𝘅𝗽𝗲𝗿𝘁 has said, the harsh reality for first-time buyers was an average interest rate of more than 𝟲% on two-year mortgages when borrowers can only offer a 𝟧% 𝘥𝘦𝘱𝘰𝘴𝘪𝘵!
More than 𝟮𝟬𝟬 such deals have disappeared from the market since 𝟲𝘁𝗵 𝗠𝗮𝗿𝗰𝗵. 𝘓𝘢𝘴𝘵 Saturday saw the 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 daily withdrawal since the 𝘮𝘪𝘯𝘪-𝘉𝘶𝘥𝘨𝘦𝘵, of 52. Another 𝟯𝟬 have been pulled in the 𝘭𝘢𝘴𝘵 𝘤𝘰𝘶𝘱𝘭𝘦 of days!