There have been more than a few welcome signs in the mortgage market of late as competition between lenders seems to have made a welcome return, reflected in some rate cutting across many different products in the past few days.

Most lenders seem to have got in on the act with some competitive tracker products and fixes as well as more higher loan-to-value products making an appearance.

This is of course good news for consumers and mortgage brokers alike as more choice comes back into the market. The one thing to watch, however, is the continuance of not just some strict underwriting policy, which is hard to really argue against, but some more “unfair” policies if that is the right word.