The last 2 years may have belonged to cash investors with money to invest, but recent improvements to the number of mortgage products available has proved that the property market is now moving in a different direction.

Since December 2009, lending lenders have increased the amount of 85% LTV and 90% LTV deals they have got available to new buyers.

During their research moneysupermarket.com has reported:

• An 22% increase in the number of 85% LTV’s bringing their product numbers up to 384
• An 11% increase in the number of 90% LTV’s bringing their product totals up to 165

But this is not all…

Alongside these new mortgage deals, interest rates have also begun to creep down across the entire lending market, particularly on 80% LTV’s.

According to moneysupermarket.com the average interest rate is now 0.77% lower than they were in October 2009, resting at an impressive 4.97%.

However, 95% LTV’s have also witnessed interest rate drops. Although there is less then 9 products available in this niche, interest rates have still dropped by a massive 0.71%.

Taking these figures into consideration, this is a great start for first time buyers whom over the last 18 months have struggled to pull together the deposits they need to invest in property. With more and more 85% LTV and 90% LTV products appearing on the property market, now truly is the right time to invest.

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