5. Sep, 2017

Borrowers Taking Advantage

Borrowers are taking advantage of competitive mortgage deals ahead of the biggest maturity period in five years, data from CACI has shown.

In September and October more than £35bn worth of mortgages are due to mature, 70% of which came from intermediary business.

Many borrowers could see a significant reduction in their monthly repayments thanks to a favourable shift in house prices and interest rates.