Latest mortgage news - First Time Buyers

14 Apr 2016

Mortgage lending increases by 21% with help from buy-to-let investors, says CML

The surge in buy-to-let investors ahead of the stamp duty tax has helped to increase mortgage lending to a new high in February.

12 Apr 2016

London house prices lower as the ONS revises their figures

The ONS have updated their index weighting reducing the average property price in London by £27,000 in February.

29 Mar 2016

Home affordability gap for cites widens to greatest level since 2008

Latest analysis from Lloyds Bank shows affordability in UK cities is the worst since 2008 and now require 6.6 times annual earnings.

17 Mar 2016

Mortgage lending is up 30% with increased demand from homebuyers

Figures from the CML estimate a 30% rise in mortgage lending over the year as homebuyers seek to complete before the April deadline.

10 Mar 2016

Remortgage lending surges in January, says CML

Data from the CML shows remortgage lending for homeowners and buy-to-let market rises significantly by numbers and value for January.

03 Mar 2016

UK house prices decreased slightly in February, says Halifax

Data from the Halifax shows house prices in the UK have decreased by 1.4% for the month to February although over the years prices remain 9.7% higher.

22 Feb 2016

Homebuyers are stretching to buy their homes with long term mortgages

The CML has said homebuyers are stretching their finances by selecting mortgage terms of greater than 25 years to afford their homes.

11 Feb 2016

Mortgage rates fall to record lows as interest rates not expected to rise

The Bank of England are unlikely to raise interest rates this year due to market forces sending mortgage rates for borrowers to record lows.

11 Feb 2016

Right to buy places 40% of homes on the private rental market, says MP report

An MP committee has found that 40% of ex-council homes sold using right to buy are now privately rented properties.

01 Feb 2016

London Help to Buy schemes offer attractive mortgage rates for new build homes

Lenders for the new London Help to Buy are offering mortgage rates as low as 1.55% to first time buyers and home movers.

25 Jan 2016

Fixed rate mortgages for five-years under 2% now offered by lenders

The HSBC have returned with a five-year fixed rate mortgage of 1.99 per cent with a high fee, but should you commit to such a long term?

21 Jan 2016

Mortgage lending up 8% for the year is the highest since 2008

Data from the Council of Mortgage Lending (CML) shows gross mortgage lending for 2015 is the highest for seven years as demand remains high.

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