We have been so grateful for all of the support from our fabulous clients throughout 2021, we've loved every part of helping your property dreams come true. It has been great to work with our clients and help them achieve their goals when it comes to their mortgage and any protection they required. With the Christmas season quickly approaching, we wanted to take the time to say a Merry Christmas to you all and that we hope you have a fantastic start to 2022.
We hope that you will turn to us in 2022 if you have any mortgage needs or even if you need advice – we are just a phone call or a message away. We are hopeful that 2022 will see even more of a return to normal after 2021 saw some normality return.
The impact of the pandemic has been vast and we all know how it impacted both people financially and the property market. Many mortgages completely disappeared in 2020 as lenders weren’t offering what many potential buyers were looking for. The industry almost came to a standstill. In 2021, we were happy to see many of these mortgage deals return including 95% mortgages for those who only had a small deposit. Many of these arrived back on the lenders market before the Stamp Duty holiday ended which meant many buyers were able to take advantage of that.
We here at Love Mortgages have been working really hard throughout 2021 to ensure customer satisfaction. We know that different people have different needs and we pride ourselves on working with our clients to find the right mortgage deal for them. Whether you are a first-time buyer, you are remortgaging or you are self-employed and need that little bit of help to find the right deal, we will be there for you every step of the way. We are hopeful that 2022 will bring us even more success and joy in helping clients find the perfect mortgage.
The road to buying your first home is extremely exciting but can be ever so stressful too which is why we guide you through the process from beginning to end. A mortgage is a big commitment and it is so important you get it right. But what has happened in 2021 to make getting a mortgage a more attainable goal?
The Bank of England Is Helping People To Get On The Property Ladder
We mentioned in our wrap up of last year that the Bank of England was looking to help more people get onto the property ladder. In a recent Guardian article, it was stated that, finally, they have announced plans to ease mortgage lending rules which could help many more people set foot on the property ladder. They also want to remove a requirement that forces borrowers to afford a certain amount of interest.
This is fantastic news for all those searching for mortgages at the end of 2021 and for those looking ahead to 2022. If you're thinking of owning your own home, get in touch today!
Lenders Started Offering Better Deals
We started to see some lenders come back to the market offering better deals towards the end of 2020 but 2021 has been the year for finding a great mortgage deal. Many of the big banks and lenders have mortgage deals available that are suitable for both first time and existing buyers. Whilst many still have strict criteria, it is great to see these coming back and to see if our clients are suitable for these deals. We even mentioned that some lenders are offering 1% rates for some buyers!
As we head into 2022, there couldn’t be a better time to start thinking about a mortgage. Whether you are looking to sell your current property and get a mortgage on something larger or even if you are looking to buy for the first time, the festive period and New Year offers you ample time to think about what you want to do and what you are looking for. Don’t forget to check out our helpful range of articles, packed full of advice, or try out our quick repayment calculator that you can find at the bottom of any page.
Love Mortgages Is Here To Help
Don’t forget to consider Love Mortgages in 2022 if you need some help or advice regarding mortgages. We are more than happy to help and have extensive knowledge of the lenders market as well as plenty of experience. We know how important it is to get the best mortgage deal, especially as it is usually the biggest financial commitment someone will make in their lifetime. We keep our clients and customers updated regularly throughout the whole process and we are always available during office hours to answer any questions or ease any concerns you may have.
We not only will help you find the perfect mortgage for you but we will guide you through the whole process until it is all complete. We know that people have different circumstances so will work with you to find a deal to suit those circumstances. We are also very fair here at Love Mortgages and offer a fair price for our services and will only ever work with you to find out what you need – we won’t sell you things that you have no need for.
We will search through all of the deals available to us to find the best one for your situation. Not only that but we will also find and optionally offer you the right protection for your needs to safeguard you against anything that might occur in the future. Different people require different coverage so this is something we will discuss with you in a bespoke manner.
If a mortgage is an exciting prospect on your mind as we head into 2022, feel free to give us a call on 01244 90 44 10 or send us a message here. We look forward to hearing from you.
In the meantime, have a very merry Christmas and a happy New Year!