The Sun - HOUSE THAT All your mortgage questions answered including when is best time to buy and what type of deal you should get
Lenders have been slashing mortgage rates, bringing relief for millions of borrowers.
The Bank of England, led by Governor Andrew Bailey, has already made two cuts to its base rate this year and it is widely expected that more will follow.
House prices are expected to rise by between one and four per cent this year, according to forecasts.
But experts warn it’s not worth obsessing with short-term movements in prices when buying a home you plan to live in for years.
Aaron Strutt, of broker Trinity Financial, told The Sun: “It is hard to guess the mortgage and property markets, so if you find a nice property and affordable mortgage, it is probably a good time to get on the housing ladder.”
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