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Mortgage Products Breakthrough 3,000 Barrier
This month came news that the number of mortgage products on the UK market had broken through the 3,000 barrier for the first time since the credit crunch hit.
Commenting on the figures, Tony Rice of Bedfordshire-based specialist mortgage and insurance brokers TMP Mortgage Zone, said: "More products means more competition and hopefully better deals for first time buyers. home movers and those looking to remortgage. However, whilst this is good news from the 'bad old days' of summer last year when there were just over 2,000 mortgage products on the market, it's still a long way of the highs of summer 2007 when borrowers had potentially over 28,000 products to choose from."
[ 10-06-2010 ]
