First Time Buyers
CML reports first-time buyer floodgates opened in MarchThe Council of Mortgage Lenders reports that the number of first-time buyers entering the mortgage market went up by 20 per cent in March. |
Help to Buy is "reckless" and will damage UK, says new reportA new report into the 'Help to Buy' scheme announced in the budget says it risks damaging the UK by stoking a new housing bubble and potential crash. |
Mortgage best-buys: The top deals for first-time buyers2013 has brought with it renewed hope for first-time buyers thanks to the Funding for Lending Scheme. We round up the best deals for all types of FTB mortgages. |
Leeds BS cuts rate by 0.50% on LAMS first-time buyer mortgageThe Leeds Building Society has announced that it has cut the rate on its Local Authority Mortgage Scheme mortgage by 0.50 per cent to 4.99 per cent. |
Nationwide: "Momentum" in housing market despite drop in pricesNationwide reports that house prices fell by 0.1 per cent in April but in a sign of the impact of the Funding for Lending Scheme, first-time buyers form the largest proportion of buyers since records began in 2005. |
Halifax to cover stamp duty for first-time buyersHalifax has announced it will pay the stamp duty on first-time buyer mortgages up to a purchase price of £250,000 until July 7th 2013. |
Chelsea BS launch lowest ever 3-year fix at 1.99%The Chelsea Building Society has launched its lowest ever three-year fixed rate mortgage deal at just 1.99 per cent with a £1,545 fee. |
First Direct cut mortgage rates for first-time buyersFirst Direct has unveiled a range of mortgage rate cuts and fee-free options for first-time buyers with a 10 per cent deposit. |
CML: Gross mortgage lending up £1billion in MarchThe Council of Mortgage Lenders reports that gross mortgage lending went up to £11.6bn in March from £10.6bn in February, but on a quarterly basis lending was down in the first quarter of 2013. |
CML: First-time buyer sales highest since credit crunch in 2008The Council of Mortgage Lenders says that first-time buyer sales are at their highest level for five years, since the financial crisis of 2008. |
Nationwide unveils its cheapest ever fixed rate mortgage dealsNationwide Building Society has unveiled a new range of cheaper mortgages with fees cut, cashback lower fees for first-time buyers and extra discounts for existing borrowers. |
Yorkshire BS offer five-year fix at 2.59% and cut FTB ratesThe Yorkshire Building Society has cut rates across its entire mortgage range including fee-free mortgage deals for first-time buyers and a five-year fix at 2.59%. |
OBR: Main impact of 'Help To Buy' will be higher house pricesThe Office of Budget Responsibility told MPs today that the main impact of the 'Help To Buy' scheme set out in the budget will be to increase house prices. |
First-time buyers and FLS help mortgage revival, says CMLA 24 per cent increase in mortgage approvals for first-time buyers helped mortgage approvals in January reach a five-year high helped by the Funding for Lending Scheme. |
Second steppers need more government supportA new report from Lloyds TSB highlights the problems facing second steppers moving to their next property which is creating a logjam in the UK housing market. |
Santander cuts fixed rate mortgage deals for borrowersSantander has cut a number of 2,3 & 5-year fixed rate mortgage deals for borrowers with between a 20-30 per cent deposit and has launched a new first-time buyer option. |
Bath BS launch 100% mortgage for first-time buyersThe Bath Building Society has launched a new 100% mortgage that offers a three-year fixed rate of 5.29% to first-time buyers who can persuade their parents to put up a 25% guarantee. |
Accord cut mortgage rates by up to 0.40% for first-time buyersAccord are offering a five-year fixed rate mortgage at just 4.44 per cent for first-time buyers with a ten per cent deposit as it cuts rates on a range of mortgage products. |
Over 45's control property market as prices hit 5-year highThe over 45's will account for 71 per cent of property transactions in 2013, according to the latest survey by Rightmove as asking prices hit a five-year high. |
Marsden BS unveils first sub 4% mortgage for FTB's for 10 yearsThe Marsden Building Society has launched a two-year fixed rate mortgage deal for 90 per cent LTV borrowers at just 3.99%, the first time such a product has been available for 10 years. |
CML: FTB numbers reach 5-year high of 216,200 in 2012The Council for Mortgage Lenders reports that the number of first-time buyers reached 216,000 in 2012, the first time the number has been over 200,000 since the credit crunch began in 2007. |
Post Office unveils cheapest ever five-year fixed rate mortgageThe Post Office has cut rates on its mortgages and the highlights include a five-year fixed rate mortgage deal at just 2.70 per cent and a five-year fix for FTB's at 4.55% with no fee. |
Nationwide data shows house prices up by 0.5% in JanuaryIn a further sign that the UK property market is improving Nationwide reports that UK house prices rose by 0.5% in December and were flat over a 12-month period. |
Leeds BS unveils 4.99% fixed rate deal for first-time buyersThe Leeds Building Society has launched a new shared ownership deal for borrowers looking to get on the property ladder with just a five per cent deposit. |
Principality BS offers 95% LTV 5-year fix to Welsh FTB'sThe Principality Building Society has launched a new five-year fixed rate product for first-time buyers with just a five per cent deposit but it is not available to everyone. |
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