
The average first time buyer now needs a salary of £77,000to buy a home, says KPMG, as house prices continue to rise.
The average first time buyer now needs a salary of £77,000to buy a home, says KPMG, as house prices continue to rise.
Data from the Halifax shows UK house prices increased by 1.6% last month and by 8.5% over the last year.
A new two year fixed rate mortgage from the Co-Operative Bank offers only 1.09% interest and borrowers must pay a high £1,500 fee.
New pension freedoms have increased the number of buy-to-let mortgages reducing the cost with new cheap deals.
The lowest ever five-year fixed rate mortgage deal was launched by HSBC as competition between lenders for new business intensifies.
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.
Mortgages taken out by home buyers increase says Bank of England although house prices slowed for the seventh month in a row.