The nights are drawing in, the weather is foul, and the autumnal equinox has passed. But along with a chill, there’s hope in the air for London’s first-time buyers.
Despite the Bank of England’s decision to hold interest rates at five per cent, mortgage rates have been trending down with a race to offer sub-four per cent interest. Barclays upped the ante today with a 3.71 per cent five-year fixed mortgage — although only for those looking for a 60 per cent loan-to-value (LTV).
