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The Intermediary Magazine - Number of residential products rises above 5,000

The Intermediary Magazine - Number of residential products rises above 5,000

The number of residential mortgage products available in the UK market has risen above 5,000, according to recent research from Moneyfacts. And with the average mortgage rates not rising as sharply, some may be forgiven for looking upon the market more optimistically as of late. But with Prime Minister Rishi Sunak today warning that rates may once again hit 6% – and many lenders being forced to pull products from market in order to reprice, Newspage asked brokers what they really think of the market at the moment. Read industry comments:

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Link to Original Article: The Intermediary Magazine - Number of residential products rises above 5,000