Award winning Capital Fortune Independent Mortgage Advisers today gave its support to the Government’s initiative by promoting the option of 25 year mortgage deals to all its clients.
Affordable housing has recently become a top political priority with Prime Minister Gordon Brown putting forward radical plans to provide more longer term fixed rate mortgages in the hope of stabilising house prices.
Rapid housing inflation has caused difficulty for many, particularly key workers and those buying their first home. The boom in property particularly in the South East has again become a hot political topic and both Capital Fortune www.capitalfortune.com
and the Government have requested lenders to make them more readily available.
David Rostron, Operations Director at the London based mortgage company in announcing the products stated “It is matter of providing the widest possible choice to all our customers. For many the ability to achieve the most competitive, short term lender incentive may be the most affordable and suitable option. For others the personal requirement for security and the ability to budget longer term may the priority. By offering nearly 25,000 products from the whole of the market, there is now something for everyone”
James Madigan at Chelsea Square commercial developers added “These products give borrowers both commercial and residential, the opportunity to take a long term view on rates and removes the unpredictability caused by the market. As a Company they give us the option to plan and budget over the longer term”
25 year fixed rates may not be appropriate for all consumers and potential house buyers should always seek independent mortgage advice from a regulated Financial Services Authority approved adviser.
For more information contact Capital Fortune on 0845 3 630 430 or visit the website at www.capitalfortune.com
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