Mortgage Competition Is Returning

The JournalJanuary 30, 2010

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Summary


BUYING a home of their own is still high on the agenda of many people, figures showed this week. And the message that would-be property buyers need a deposit these days seems to be being recognised.

One in 10 savers are saving for a mortgage deposit, according to the results of a YouGov survey. And it shows that there are many thousands of people motivated to step on to the property ladder or move house, acting as a real boost for the property market.

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Extract


Mortgage Competition Is Returning

Alok Dhanda, principal of financial advisory service Dhanda Financial, believes that now is a great time to raise a deposit and get on to the property ladder.

He...

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