Tuesday September 22, 2020

The new year brings new mortgage opportunities

Lenders are gearing up for a busy period, now that they have capacity to lend again.

3rd January, 2016
A total of 2,531 mortgages were approved per month, on average, in the three months to the end of November

The final quarter of last year saw mortgage experts warn that strict Central Bank lending rules could cause the mortgage market to grind to a halt towards the end of 2015, as banks ran out of room to lend.

The same experts have suggested that many would-be borrowers will be quick out of the traps this month, in a bid to secure mortgage approval before banks once again run out of rope.

The impact of the...

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