Local Surveyors Direct Adds Mortgage Brokers Section To Its Service Portfolio
Local Surveyors Direct, the property services price comparison site, has added a new section to its expansive list of property services for homeowners, tenant, landlords, buyers and sellers. Joining property professionals such as estate agents and conveyancing, a new mortgage broker section makes it easy to get contact details for a number of brokers in the user’s local area.
The Local Surveyors Direct service simplifies the process of finding the trades people and professionals needed to repair, extend, buy and sell a home. With the addition of a number of mortgage brokers throughout the UK, it’s now easy to find finance too. With home loan approvals on the decline, speaking to a high street bank is not always a guaranteed pathway to success. More and more, specialist brokers are offering an alternative solution, working with the would-be buyer to find and set up a mortgage when the usual lender has said no. Although mortgage lending increased by 7% in January, the number of loans in the pipeline are still low, with figures struggling to reach the 80,000 loans a month criteria set by economists as a sign of a stable market. High street lender Nationwide has also painted a bleak picture, saying the market is “treading water” and pointing to a poor 0.3% increase in property prices in February. For first time buyers, the situation is bleaker still as many lenders require a high deposit, with a typical LTV (loan to value) of between 10%- 20%. Add to this the minefield of completing paperwork, getting to grips with the house buying process and its myriad requirements such as finding a reputable conveyancer, and it’s easy to see why mortgage brokers can be a far less stressful and more convenient solution. A mortgage broker is not only for first time buyers. Even seasoned property professionals with a home to sell can benefit from calling in the experts. A broker will typically find the best rates and deals for the home loan, taking out the legwork associated with comparing interest rates and mortgage types. The new Local Surveyors Direct section makes it easy to find and contact a number of mortgage brokers at the touch of a button. Rather than trawling through the Yellow Pages or scouring the local paper, those looking for a home loan simply fill in their contact details, add a few details about their specific requirements and are then instantly presented with contact details for a number of mortgage brokers in the area. The client and the broker are then free to speak with each other and proceed with a mortgage application if desired. There is no fee to the user for this service. To find out more, log on to http://www.localsurveyorsdirect.co.uk
Tags: