12 December 2012

Ray Boulger of independent home loan adviser John Charcol advised on houseladder.co.uk that mortgages will become more readily available next year as financiers will alter the related regulations.

Mr Boulger believes that increased demand will "reduce the need for lenders to compete so aggressively on price".

"Thus lenders have a choice - cut margins by offering cheaper deals or meet some of the current unsatisfied demand and hold rates or cut them by less," he added.

@MovewithUs

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