The Return of Mortgage Products

The Return of Mortgage Products

Fixed mortgage deals on 90% loan to value starting to return

  • Mortgage products are returning following a collapse in availability during lockdown. 77% of mortgage brokers expect lending to return to pre-pandemic levels within nine months.
  • The increase in mortgage products will be slow and steady, lenders are prioritising existing customers and the back log of around 350,000 sales which did not complete during lockdown.
  • An example of mortgages returning; the number of two-year fixed mortgage deals on a 90% and 95% LTV fell from 431 in March to 35 in May. At the beginning of June there were 61 products, although the growth is all in 90% products.
  • It's encouraging to see mortgage products return, but borrowers with a 5% deposit will find few fixed rate deals due to more cautious lenders. Since the data was published by Moneyfacts at the beginning of June, agents have also reported a reduction in 90% LTV products.


Get in touch with us

Attleborough homeowners and landlords, stay ahead of the market. Each month we track the rolling average price of homes bought and sold locally, revealing trends that numbers alone can’t show. Our regular insights go beyond the figures, helping you understand your property’s value and make informed decisions, to learn more please read the article.

If you are planning to sell in Attleborough, timing depends on more than luck. Property type, bedroom count, pricing and marketing all shape the outcome. Some homes attract swift interest, while others linger. Understanding local trends and launching at the right price from day one can make the difference between a smooth move and a stalled sale.

At first glance, UK house prices rising tens of thousands of per cent since 1900 look absurd. But annualised over 126 years, growth averages around 4.5 to 5 per cent a year. It is not sudden surges but steady compounding that drives values higher, showing property rewards time in the market more than attempts to time it.

Guide Price £300,000 to £325,000 - A superb three-double bedroom detached family house, ideally situated at the end of a quiet cul-de-sac. Boasting modern amenities, underfloor heating, and an en suite, it offers comfortable living within reasonable walking distance of the town centre.