Latest mortgage news - First Time Buyers


18 Jun 2015

Help to Buy schemes not as effective as house price rise slows

Annual house price rise in April is 5.5% down from 9.6% in March, says ONS, while the number of Help to Buy completions have decreased.

08 Jun 2015

Average house price are now over £195,000 as cash purchases reach record levels

Data from the Nationwide building society show a slight fall in house prices in May while cash buyers represent four out of ten purchases.

05 Jun 2015

Mortgage approvals in April rise to highest level since 2009

The number of mortgages approved in April increased 9.9%, the highest monthly rise for six years according to the Bank of England.

31 May 2015

Buy-to-let market gains £14 billion in tax breaks to boost landlord income

Tax breaks add £14 billion to landlord buy-to-let income boosting the sector while first time buyers are priced out of the market.

30 May 2015

Buy-to-let landlord rental income at £112 billion from booming sector

The value of landlord property near the £1 trillion level with income of £112 billion as the buy-to-let sector continues to grow.

28 May 2015

London mortgage lending to first time buyers is lower in the first quarter

Mortgage lending to first time buyers in Greater London is 16% lower to the previous quarter according to the latest CML report.

19 May 2015

First time buyers in London need £77,000 salary to buy a home

The average first time buyer now needs a salary of £77,000to buy a home, says KPMG, as house prices continue to rise.

11 May 2015

UK house prices rise at 1.6% for the month, says Halifax

Data from the Halifax shows UK house prices increased by 1.6% last month and by 8.5% over the last year.

21 Apr 2015

Half of parents fear their children will never be able to buy their own property

A survey sponsored by Shelter shows that half of parents expect their children would require an inheritance from them to buy their first home.

20 Apr 2015

Average property asking price reaches £286,000 in April, a new record high

Data from Rightmore reveals property prices have reached a new high due to a lack of sellers and more people looking to buy.

14 Apr 2015

Conservative manifesto to extend Right to Buy scheme for housing association families

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.

14 Apr 2015

Mortgage lending is lower than expected in February ahead of the general election

The Council of Mortgage Lending report shows house purchases have declined 16%, a greater amount than expected due to the election.

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