2018 is set to flourish with first time buyers and the demand for competitive products from intermediaries and their clients is on the increase. Marsden’s recent product launch has seen a rate reduction across our 90% and 95% LTV range to help support these customers.
Rob Pheasey, Chief Executive at the Marsden says, “As a building society, it’s back to our roots to be supporting first time buyers. We know that clients are challenging their intermediaries for the best deals and we wanted to be positioned to support that.”
According to Hometrack, over 35% of sales this year will be driven by First Time Buyers. Although in London First Time Buyers are still finding it a challenge, across the UK there is set to be an increase this year…
They also state that there will be an increase of 5% in property prices across the top 20 cities in the UK and a 3% increase on the whole.
