With uncertainty over interest rates and stagnation inside the housing industry buyers have been especially badly hit by the recession in 2012. One of the very first casualties inside the mortgage marketplace was the low deposit mortgage that a substantial number of first time buyers had relied upon to get their foot on the property ladder. Banks are now beginning to provide deals that might inject much-needed life into the lowest level of the housing market place.

Cost fixing

Fixed rate deals could be more attractive within the coming years than they seem at the moment. Having said that, interest rates have only one way to go at the moment meaning tying in to a fixed rate deal is one thing that several homeowners are actively taking into consideration. Analysts are expecting a raise in interest rates moving forward through the year

Inflationary measures

There is little chance that the banks are going to be able to resist calls for a raise interest rates for much longer in 2012. General expectations had been that the Banks would raise the base rate later this year, but it appears likely that this will need to be brought forward. Quite a few commentators are also predicting that when interest rates begin to rise they will have really start reaching high levels which will be welcomed by savers but not necessarily by homeowners.