Latest mortgage news - First Time Buyers


14 Jan 2016

London Help to Buy scheme set to launch in February

From February the new London Help to Buy scheme will offer homebuyers loans up to 40% of the property value to purchase new-build homes.

12 Jan 2016

First time buyer numbers remain strong as more select 35-year mortgages

There were 310,000 first time buyers in 2015 according to the Halifax with an increase in the number taking 35 year mortgages.

07 Jan 2016

UK house prices have increased by 9.5% last year to a record high, says Halifax

Property prices are up 9.5% in the year and a further decline in the number of homes for sale will keep the an upward pressure on prices.

23 Dec 2015

First time buyers must save for 24 years to afford their first property

New research by the Resolution Foundation finds the average first time buyer takes 24 years to save enough deposit to buy their home.

29 Nov 2015

London Help to Buy and Shared Ownership schemes extended

Homebuyers in London are to benefit as the government improves Help to Buy and removes restrictions for Shared Ownership scheme.

29 Nov 2015

Help to Buy Isa gives first time buyers helping hand to buy their home

People struggling to buy their first home are given a helping hand with the Help to Buy Isa free from tax and up to 4% interest.

28 Nov 2015

Buy-to-let homes face higher stamp duty with Autumn Statement

Landlords of buy-to-let properties must pay much higher stamp duty land tax following the chancellor’s Autumn Statement.

14 Oct 2015

Mortgage lending falls by 9% with remortgage buyers leading the way

House purchase loans were 9% lower for the month of August according to the CML as remortgage buyers reducing by the largest amount.

10 Sep 2015

Help to Buy scheme for equity loans hits record numbers for June

The government’s Help to Buy scheme has hit record levels in June for the equity loan part with 4,745 completions.

29 Aug 2015

London among UK major cities with strong house price growth this year

Data from Hometrack show the top 20 UK cities with strong house price rise this year exceeding the national average.

12 Aug 2015

First time buyers boost mortgage lending in June with 24% more buyers

Mortgage lending by value to first time buyers increased 24% over the month following a poor first half of the year, says CML.

29 Jul 2015

Mortgage lending reaches a new high as the housing market picks up pace

Figures from the Council of Mortgage Lenders show mortgage lending has recovered since the election and reached a seven year high.

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