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Cheap Mortgages

First time buyers are now getting tempt to join the property ladder because of the new

first time buyerslower mortgage rates, Remortgagers have has also shown a interest. Mortgage lending is estimated to be 4% higher in October compared to October 2011 according to the Council of Mortgage Lenders. With the new burst of activity in mortgage market has seen lenders reducing the rates the Bank of Englands £80bn funding For Lending Scheme that was introduced in August this year might be a factor in this.