Less choice
July 26th, 2009 by Len
According to the most recent reports there are only 2,282 mortgage products are on the market today. This means there have been falls in the number of home loans available.
This figure shows there is around ten times fewer loans around today compared to two summers ago. Although this must mean that there is lack of choice for the mortgage buyers it does mean that its now easier for brokers to recommend which Mortgages are suitable for individual consumers simply due to lack of variety which is frustrating as yet again the only people look set to loose out are the consumers-with a lack of choice it means there is higher potential that they will take up a mortgage which isn’t right for them.
This entry was posted on Sunday, July 26th, 2009 at 12:33 pm and is filed under mortgages. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.