Landlords who are looking for mortgages may be interested in claims that borrowers are getting better rates.

However, Moneyfacts.co.uk stated that this may be at the expense of savers, whose rates are being cut.

Spokesperson at the company Michelle Slade said: "Providers must strike the right balance between savers and borrowers in order to maintain their balance sheets. No provider will offer market leading deals to both at the same time."

While savers saw good rates in 2009 due to a high demand for their money from banks and building societies, the situation is changing.

Competition is coming back to the mortgage market, Ms Slade claimed, forcing a focus on lending again rather than saving.

A lot of savers have seen the worst ever returns on their money, a trend that is set to continue in 2010, she added.

On December 30th, Mortgageforce predicted that more affordable mortgages would be available this year. Improvements in loan-to-value rates would enable this affordability, it was claimed.

Written by Claire DoyleADNFCR-2002-ID-19561078-ADNFCR

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