Latest mortgage news - First Time Buyers

07 May 2014

Help to Buy scheme under pressure as OECD gives warning on UK house price rise

The OECD has warned that UK house prices were rising at an alarming rate when compared to rents and household income.

30 Apr 2014

London leading rise in UK house prices and mortgage lending

Property values in London are up by over 12% leading the UK which has seen mortgage lending 4% higher in March and 37% higher for the quarter.

30 Apr 2014

New mortgage test to make affordability harder to buy a home

The regulators are introducing tougher tests for home buyers based on affordability to prevent mistakes leading to the financial crisis.

17 Apr 2014

House prices for first time buyers rise of 10.5% is highest in the property market

Figures from the Office of National Statistics (ONS) show the price of homes for first time buyers have increased by 10.5% in the last year.

16 Apr 2014

Property market prices increasing with sales at highest levels for six years

The Office for National Statistics (ONS) have reported UK house prices are up 9.1% in the last year to February 2014.

31 Mar 2014

Mortgage approvals fall for first time in a year according to the Bank of England

Data from the Bank of England shows the number of people taking out mortgages in February has fallen for the first time in the last year.

26 Mar 2014

House prices are driven higher as UK has shortfall of one million homes

House prices were up 6.8% in January since a year earlier after a lost decade of building leaves the UK with a significant shortfall in homes.

06 Mar 2014

Help to Buy driving up house prices with 2.4% rise last month

Mortgage lender Halifax reports a 2.4% rise in house prices for February with pressure on the government to cancel Help to Buy scheme.

28 Feb 2014

Housing market still booming as interest rates remain at historic lows

According to the Nationwide average house prices have increased by 9.4% in the last year and are not slowing down.

18 Feb 2014

Average UK house price at £250,000 will increase stamp duty cost

The Office of National Statistics (ONS) has confirmed that the average house prices will bring higher stamp duty to thousands.

03 Feb 2014

Housing boom risks house price bubble

Rightmove, stated that record numbers of houses are being put on the market for sale with near-frenzied buying sending asking prices to record levels.

29 Jan 2014

First time buyers fuel rise in house prices

House prices rise 8.8% according to the Nationwide as first time buyers are back in the market for properties.

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