The cost of fixed rate mortgages for borrowers has reduced but Coronavirus fears have seen lenders withdraw many products.
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Category Archives: First Time Buyers
Demand for housing is lower by 40% last month with the impact of the Coronavirus pandemic changing the market.
Find out what are the top ten ways you can improve the quality of life that are also the most profitable home improvements.
Owning your own home is cheaper than renting by up to 18% each month plus the opportunity for equity if house prices rise.
The government’s new First Home scheme will give first time buyers a 30% discount to get on the property ladder.
For the average first time buyer getting on the property ladder in the UK is more expensive as prices soared up to 9% last year.
Home buyers delayed making new purchases due to uncertainty of the general election result with 10% fewer mortgage loans agreed.
Saving for getting on the property ladder is difficult as it takes up to 15 years in London to build up a 20% deposit without family help.
The number of mortgages for new purchases to first time buyers and home movers is higher with increased borrowing values.
Nearly half of remortgage buyers are taking advantage of low interest rates by raising extra capital from their property.