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|Nationwide House Price Index: Bluestone Mortgages comment|
|Wednesday, 01 June 2016|
Matt Andrews, Managing Director, Bluestone Mortgages comments on today’s Nationwide House Price Index: "As demand for homes continues to outstrip supply, it comes as no surprise that house prices are escalating. Consumer confidence is still rising, so with more people looking to secure lending for their dream property, it is vital that we see some innovation come into the sector to help more people get onto the housing ladder.
“In order to help those who currently struggle to gain access to lending, such as people who have experienced a genuine blip on their credit scores, or who only have limited trading histories, we need to offer a more in depth underwriting experience. This would ensure their specific circumstances are fully understood, and allow lenders to provide tailored and affordable mortgage options suited to their individual needs.”
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