Latest mortgage news - First Time Buyers


24 Jan 2015

Mortgage lending reaches a six-year high but numbers are slowing

Data from the Council of Mortgage Lending shows mortgage lending has reached a six-year high although lending has now slowed.

15 Jan 2015

First time buyers pay more for a home as house prices rise, says ONS

Data released from the ONS shows the cost of buying a home for first time buyers has increased by 11% over the year.

08 Jan 2015

First time buyers at highest level since 2007 according to Halifax

The number of first time buyers is 22% up and a seven year high, says the Halifax and helped by high loan to value mortgages.

19 Dec 2014

Mortgage lending continues to slow - latest data from CML

The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.

18 Dec 2014

House prices rise ahead of inflation although the market is cooling

Data from the Office of National Statistics (ONS) shows house prices outstripping inflation even though the market is off the recent peak.

16 Dec 2014

First time buyers under age 40 are offered 20% discount on new build homes

New scheme launched by Prime Minister offers 100,000 new build homes to first time buyers with 20% discount but affordable homes suffer.

13 Dec 2014

Stamp duty changes could help house sales to increase this year

The stamp duty reforms introduced by the chancellor George Osborne are expected to boost house sales by 2-5% says Rics.

14 Nov 2014

First time buyer mortgage lending falls as London house prices expected to stall

New CML data shows a dip in mortgage lending to first time buyers as Savills predicts house prices in London to stall next year.

03 Oct 2014

Bank of England wants new powers for mortgage lending in the housing market

New powers would allow Bank of England to limit loan-to-value percentages on mortgages to prevent a housing bubble.

28 Sep 2014

Mortgage lending limits begin as first time buyers offered discount new build homes

The Bank of England to cool home loan market by limiting the number of people borrowing four and a half times their income.

17 Sep 2014

London house price average over £500,000 as sales of £1m homes expected to rise

The Office of National Statistics (ONS) has released data showing London average house prices are over £500,000 for the first time.

16 Sep 2014

First time buyers require ten times higher deposit than buying in the 1980s

National Housing Federation (NHF) says first time buyers now need 10 times the deposit when compared to buying in the early 1980s.

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