Further to last weeks Blog, Accord Mortgages have extended their First Time Buyer Flash Sale due to unprecedented demand until the evening of Tuesday 10th November, the demand has been so significant that Accord have had to recruit more underwriters to cope!
Accord have capped the amount that lower earners can borrow from 5 times earnings to 4.5 times earnings, if you are on £60kpa or more then 5 times earnings is attainable.
The amount of lenders who are active in this market has decreased dramatically since the pandemic, the demand is clearly still there from the buyers perspective.
The property market is a melting pot at the moment, with so much commentary, all of which is guess work, so do you research and buy for the right reasons.