The mortgage market is on the road to recovery after four months of sustained growth - but there are still less mortgages available than at the start of the year, according to moneysupermarket.com
Its figures suggest the market is slowly recovering after dramatically plunging in the first half of the year, with the total number of mortgage products growing 13% since the August trough. However, when compared to January, the number of mortgages is down 27%. At the start of the year, there were a total of 3,384 mortgage products available which subsequently fell to a low of 2,182 in August, but has since steadily risen to 2,430. The most significant growth has been in 85% loan to value (LTV) products, which have grown by a third since January. Hannah-Mercedes Skenfield, mortgag...
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