I know no one has a crystal ball but... I would have thought two years would be lower than this now when five years are around the same with a very small reservation fee.
Because it is for anyone who has 60% LTV or less. Cannot imagine most new buyers having a 40% deposit.
No wonder you don’t have a mortgage with comments like this (lol)
These are first time mortgage rates too are they not? I meant waiting for house prices to fall before buying a property.