'REALLY GOOD' MORTGAGE DEALS AVAILABLE IN THE UK

There are currently plenty of good mortgage deals available for people looking to take their first step on the property ladder or move up it, it has been claimed.  According to Catherine Hearnden, director at MyMortgageDirect, there are many people who want to move, but they are nervous about whether they are moving at the right time and also whether they are going to experience a problem with house prices.However, she explained: "With mortgages, for people who can afford them, there are some really good deals out there. If you can't afford it, then I have always taken the view that you shouldn't take it out anyway."Ms Hearnden added that the amount of mortgage finance available this year is likely to be in line with what was seen in 2011, as there are still many lenders whose rates are not great because they do not want any more mortgages on their books.In the majority of cases, the money is there to lend; but they want to lend "properly and responsibly" because they have to.For many people, it is a case of whether or not it is a good idea to take on a mortgage and a bigger house when house prices are uncertain, but these people have plenty of options open to them, the expert commented

'Really good' mortgage deals available in UK 9th Jan 2012 There are currently plenty of good mortgage deals available for people looking to take their first step on the property ladder or move up it, it has been claimed.According to Catherine Hearnden, director at MyMortgageDirect, there are many people who want to move, but they are nervous about whether they are moving at the right time and also whether they are going to experience a problem with house prices.However, she explained: "With mortgages, for people who can afford them, there are some really good deals out there. If you can't afford it, then I have always taken the view that you shouldn't take it out anyway."Ms Hearnden added that the amount of mortgage finance available this year is likely to be in line with what was seen in 2011, as there are still many lenders whose rates are not great because they do not want any more mortgages on their books.In the majority of cases, the money is there to lend; but they want to lend "properly and responsibly" because they have to.For many people, it is a case of whether or not it is a good idea to take on a mortgage and a bigger house when house prices are uncertain, but these people have plenty of options open to them, the expert commented