Mortgage products back up to pre-banking crisis levels... as long as you have a big deposit | Mail Online
The number of mortgage products available to prime residential borrowers has increased to over 3,000 – the highest level since the credit crunch flayed chunks off the loans market in 2008.
There are now 3,035 mortgages on offer, closing in on the 3,250 available in February 2008, research by Moneyfacts.co.uk has revealed.
By the peak of the banking crisis in April 2009, the number of mortgage deals had plummeted to just over 1,000 - a cataclysmic drop in just over 12 months.
Now little over two years later, the number of mortgages on the market has nearly tripled in a welcome sign of increasing competition.
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