Those hoping to get on to the Bristol property ladder may be finding it easier to do so, as an expert has observed an increase in incentives for first-time buyers.
Ben Wilkie, editor of What Mortgage, explained that lenders are attracting the demographic through offers such as reduced fees.
He welcomed news that the number of 85 per cent loan-to-value (LTV) mortgages has been increasing, which could mean those seeking Bristol property as well as homes elsewhere in the UK benefit from not having to raise as large deposits as in the past.
"What we have seen in the past year or so is that lenders don't really want to take on new mortgage borrowers, but that is starting to change," said Mr Wilkie.
He made the comments after Moneyfacts.co.uk identified a rise in 85 per cent LTV deals, with the figure of 226 in October representing the highest level in a year.
