Building societies to boost mortgage offerings

British building societies have revealed their intention to expand the mortgage products they currently offer to consumers, Houseladder.co.uk has reported. According to the article, the Building Societies Association (BSA) last week announced their plan to expand upon their present array of mortgage services and products on offer.

This latest announcement brings renewed hope to hard-pressed consumers, many of whom are struggling to find mortgage products or to qualify for the few that are on offer at present. The BSA says that it plans to provide support in the mortgage and housing markets in the UK.

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According to Houseladder.co.uk, building societies make up one-fifth of the deposit and residential housing markets in the country, and hope to boost their presence in the market with the support of the BSA. Speaking to Houseladder.co.uk, BSA chairman, John Goodfellow, explained, “This expansion of representation is a natural step for the BSA and will reinforce the standing of building societies in the financial sector. It will help to ensure that the differences between building societies and banks are more widely understood.”

However, as many UK homeowners already know, MPG Investments offers cash for houses regardless of uncertainty in the housing market, a lack of mortgage products or increased interest rates. The credit crunch has not affected our ability to purchase any homes in the UK, at any time – and, regardless of whether new or better mortgage products become available, you’ll still be able to rely on us to buy your house for cash in just one week.

Contact MPG Investments today on 0800 634 9231 to find out more about our cash for houses guarantee.

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