A study by Which? shows that record low mortgage rates are being offered to First Time Buyers 100 days post Brexit. Not only record low deals but also an extra 13% to choose from.
It has been reported by Which? that the average rate has fallen to 2.85% at the end of September from 2.99% at the start of June from analysis provided by Moneyfacts data.
David Blake of Which? Mortgage Advisers, said: “Lower interest rates and an increase in the number of mortgages on the market is excellent news for house hunters.
“In a complex property market it’s important to get yourself into the best possible position before applying for a mortgage.
“Seeking independent advice from a reputable mortgage adviser can help with this and ensure you get the best possible mortgage deal.”