Could a positive mortgage trend be on the cards?

2 October 2012


Ed Mead, director at Douglas & Gordon believes that the latest government incentive to encourage banks to lend will fire up the property market.

New figures from the Department for Communities and Local Government showed that 250 properties have been purchased under the NewBuy scheme between 12 March and 30 June this year.


Mr Mead commented on houseladder.co.uk that: "That is likely to drive a few people who have been waiting to get the best rates or see what is happening in the market."


@MovewithUs

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