The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.
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Category Archives: First Time Buyers
Data from the Office of National Statistics (ONS) shows house prices outstripping inflation even though the market is off the recent peak.
New scheme launched by Prime Minister offers 100,000 new build homes to first time buyers with 20% discount but affordable homes suffer.
The stamp duty reforms introduced by the chancellor George Osborne are expected to boost house sales by 2-5% says Rics.
New CML data shows a dip in mortgage lending to first time buyers as Savills predicts house prices in London to stall next year.
New powers would allow Bank of England to limit loan-to-value percentages on mortgages to prevent a housing bubble.
The Bank of England to cool home loan market by limiting the number of people borrowing four and a half times their income.
The Office of National Statistics (ONS) has released data showing London average house prices are over £500,000 for the first time.
National Housing Federation (NHF) says first time buyers now need 10 times the deposit when compared to buying in the early 1980s.
Demand for Help to Buy may be reaching a peak after data shows that house price growth is slowing and even decreasing.