Political/economic uncertainty reflected in mortgage market

Posted by On June 13, 2018 0 Comment
The latest data from LMS shows both an increase in demand for five-year fixes (47% of the market in April) and record proportions (78%) of borrowers going to independent advisors and brokers for advice. Concerns about interest rate rises are clearly higher, but current pre-Brexit economic and political uncertainty is also likely to have played a part in this flight to safety. Some more here.