Latest mortgage news - First Time Buyers


29 Aug 2017

First time buyers can save money with a discount mortgage, says Moneyfacts

For first time buyers a discount mortgage could save them money rather than fixed rate where the interest charged is more expensive.

21 Aug 2017

Stagnant home mover numbers makes it harder for first time buyers

The number of home movers has reduced by -2% creating a shortage of properties for first time buyers and higher prices.

17 Jul 2017

London Mayor slams council decision to cut affordable homes at Battersea

Mayor Sadiq Khan has criticised Wandsworth Council for allowing the Battersea development to cut the number of affordable homes.

01 Jul 2017

First-time buyers pay record prices to get on the property ladder

Strong demand from first time buyers continues as the price paid for homes reaches record highs in London across the country.

29 Jun 2017

Bank of England new mortgage affordability rules fearing higher debts

Homebuyers can expect tougher affordability tests from lenders when applying for mortgages as Bank of England acts over easy borrowing.

15 Jun 2017

Overseas investors buy London new build homes aimed at first time buyers

Research for Mayor of London Sadiq Khan shows first time buyers in the capital are losing out to overseas investors acquiring property.

17 May 2017

First time buyers owning their own home in larger numbers

The number of first time buyers increased by 30% in the last month with demand expected to continue with attractive mortgage deals.

16 May 2017

New build house prices fall 7% in England for the month

Prices of new build properties have reduced by -7% as price inflation has eased and housing market activity is subdued across the country.

27 Mar 2017

Bank of mum and dad key to help first time buyers on the property ladder

The number of first time buyers relying on the bank of mum and dad has reached a historic high and the trend is set to continue.

23 Mar 2017

Home ownership a thing of the past for one in four young Britons

A quarter of all young Britons are certain they will never own a home and half think it is as harder than ever to get on the property ladder.

22 Feb 2017

London home buyer loans down 5% in the fourth quarter 2016

Home buyer borrowing in London reduces 5% or £310 million in the final quarter of 2016 continuing the downward trend for the capital.

03 Feb 2017

Mortgage affordability markedly improves over past decade

Significantly lower interest rates has improved mortgage affordability across the country since the financial crisis according to the Halifax.

Call for your free quote 0800 955 0058

  • IMPORTANT

    Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.

  • WARNING

    Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.

    CONTACT

    Address:
    Bury House, 31 Bury Street,
    London, EC3A 5AR

    Phone:
    020 8801 5856

    Email:
    info@londoncitymortgages.co.uk

    London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.

    2019 © London City Mortgages.
    Website designed & developed by Spyre Media