Latest mortgage news - First Time Buyers


11 Aug 2018

London first time buyers need £115,000 deposit to buy their home

First time buyers must have a deposit of £115,000 to secure their first home as London house prices rise 48% in the last ten years.

03 Aug 2018

First time buyers save £284 million since stamp duty was abolished

Since stamp duty was abolished for first time buyers with homes valued under £300,000 total savings have amounted to £284 million.

30 Jul 2018

Young homebuyers should get loans for deposit to get on the property ladder

The government should give first time buyers loans for their deposit to buy their homes to create a culture of home ownership.

25 Jul 2018

First time buyers pay 13 times their earnings to own London property

London house prices exceed first time buyer annual earnings by 13 times and is more than twice the multiple of the North East.

23 Jul 2018

Fee free mortgage numbers from lenders reach new highs

Residential mortgage numbers have reached a new high and of these 40% are offered without arrangement fees from lenders.

20 Jul 2018

Home mover numbers behind first time buyers for the first time

The number of home movers have dipped to under half of all house purchases and now behind first time buyers for the first time since 1995.

12 Jul 2018

First time buyer purchases rise strongly despite affordability limits

The number of first time buyers increased 20% for the month and up for the year even though higher house prices limit affordability.

23 May 2018

First time buyers in London pay twice as much to get on the property ladder

It cost double to purchase your home if you are a first time buyer in London compared to anywhere else in the country.

19 May 2018

Popularity of flats increase prices by £75,000 over the last five years

The average price for a flat has increased by £75,074 in just five years and rising faster than any other property type in the country.

26 Apr 2018

69,000 first time buyers benefit from cut in stamp duty relief

New stamp duty relief introduced by the government has saved first time buyers £2,300 on average when buying their first home.

20 Apr 2018

Sellers of UK homes forced to reduce asking price by £25k

Homeowners desperate to sell their property are marking down the price by an average £24,947 from the original asking price.

21 Feb 2018

London remortgage buyers at eight year high as mortgages rates fall

The number of remortgage buyers in the capital has reached an eight year high in 2017 driven by competitive mortgage rates.

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