Data from the Halifax shows UK house prices increased by 1.6% last month and by 8.5% over the last year.
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Category Archives: First Time Buyers
A survey sponsored by Shelter shows that half of parents expect their children would require an inheritance from them to buy their first home.
Data from Rightmore reveals property prices have reached a new high due to a lack of sellers and more people looking to buy.
David Cameron is to allow 1.3 million families the dream of owning their own home by extending the Right to Buy scheme first started in the 1980s.
The Council of Mortgage Lending report shows house purchases have declined 16%, a greater amount than expected due to the election.
The Chancellor is to give all first time buyers up to £3,000 when they save towards their deposit into a Help to Buy Isa to buy a home.
Data from the CML shows that 52% of first time buyers received financial help from the ‘bank of mum and dad in 2014 to buy their first home.
The government’s Help to Buy scheme finishes at the end of 2016 and should be replaced to ensure competition in the housing market.
Deposits from buy-to-let landlords have increased by 15% to an average £100,000 compared to struggling first time buyers.
Annual house prices in the UK have slowed from 6.8% to 5.7% in February for the first time in five months decreasing by 0.1% during the month.