Latest mortgage news - First Time Buyers


03 Dec 2013

House building boost to UK construction

The construction activity index rose more than expected helped by a surge in house building in the UK.

29 Nov 2013

Bank of England stops mortgages from Funding for Lending

As fears of a house price bubble loom, Governor Mark Carney stops mortgage lending offered by the Funding for Lending scheme.

14 Nov 2013

London leads housing crisis and need for new homes

Soaring demand from homebuyers exceed the supply of properties is creating a housing crisis with rising prices.

11 Nov 2013

MPs question role of Bank of England in Help to Buy scheme

The Treasury Select Committee has asked the Bank of England to clarify its Help to Buy role as property prices rise.

08 Nov 2013

Help to Buy scheme could be risk to property market

The Council of Mortgage Lenders has warned the government’s Help to Buy scheme could become another US mortgage crisis.

15 Oct 2013

Property prices in the UK reach record levels

UK house prices have risen to their highest levels according to the Office of National Statistics (ONS).

11 Oct 2013

First time buyer demand increases by 33% in August, says CML

There has been an increase in demand for homes with more loans especially from first time buyers in August.

08 Oct 2013

Phase two of Help to Buy more expensive than expected

The second phase of the Help to Buy scheme launched by the government is likely to see mortgage costs at 5%.

30 Sep 2013

Mortgage approvals reach a five-year high

The Bank of England has confirmed the number of mortgages approved is at the highest level for the past five-and-a-half years.

29 Sep 2013

Help to Buy scheme brought forward by David Cameron

David Cameron has promised to launch the Help to buy scheme with mortgages up to 95% loan to value.

13 Sep 2013

First time buyers ask for longer mortgage terms

To reduce the cost of repayment mortgages, first time buyers are opting for longer terms of up to 40 years.

11 Sep 2013

Help to Buy must not cause housing bubble

There is concern that the proposed Help to Buy Scheme will cause the housing market to overheat.

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