Mortgage experts at Choice Finance have explained and advised that THIS is in fact the best time to apply for a mortgage. The reason being? Lower interest rates and lower stock on the market generally. Winter has traditionally been known to cause a quieter housing market. There's always a bit of a lull at this time what with the ever-expensive Christmas around the corner, and the wet and cold British weather putting people off. So generally speaking, with the lower demand for houses, there is more likely room for negotiation of the remaining stock.

With low interest rates comes great available deals. However, they won't stay round for long as a rise is predicted very soon. After Christmas and New Year, people often don't find themselves in the best financial position to get a mortgage either and they will more likely not get approved. With this in mind, it would very likely suit better to find now and be in your new home after Christmas!

The Property Ombudsman Rightmove Zoopla Primelocation