Post-Brexit mortgage rates
POTENTIAL homebuyers should be encouraged to get on the property ladder following the EU referendum.
Property developer Barratt Homes said that now is one of the best times for securing a mortgage for many years.
Michelle Storer, Barratt Homes’ sales director, says that interest rates are likely to remain low in a post-referendum world.
She said: ‘This means for some people it is a great time to look at getting a mortgage. There are some fantastic new developments being built and more people than ever can look at potentially buying their own new home.’
The homebuilders have compiled a list of mortgage tips, recommending people to start by speaking to a mortgage adviser, and shop around for a great deal.
Barratt Homes also urged people to make changes to improve their score, and not to give up if they have a poor credit history.