Mortgage rates 'set to fall again'

Mortgage rates are set to tumble further in the coming months as Government efforts to unblock the flow of credit have an impact, a Bank of England survey of lenders found.

The availability of mortgages increased further in the first three months of this year, and the rise was slightly more marked for low-deposit borrowers with loans-to-value (LTVs) of 75% or more, the Bank's credit conditions survey found.%VIRTUAL-SkimlinksPromo%