Data from Hometrack show the top 20 UK cities with strong house price rise this year exceeding the national average.
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Category Archives: First Time Buyers
Mortgage lending by value to first time buyers increased 24% over the month following a poor first half of the year, says CML.
Figures from the Council of Mortgage Lenders show mortgage lending has recovered since the election and reached a seven year high.
Annual house price rise in April is 5.5% down from 9.6% in March, says ONS, while the number of Help to Buy completions have decreased.
Data from the Nationwide building society show a slight fall in house prices in May while cash buyers represent four out of ten purchases.
The number of mortgages approved in April increased 9.9%, the highest monthly rise for six years according to the Bank of England.
Tax breaks add £14 billion to landlord buy-to-let income boosting the sector while first time buyers are priced out of the market.
The value of landlord property near the £1 trillion level with income of £112 billion as the buy-to-let sector continues to grow.
Mortgage lending to first time buyers in Greater London is 16% lower to the previous quarter according to the latest CML report.
The average first time buyer now needs a salary of £77,000to buy a home, says KPMG, as house prices continue to rise.