Growing mortgage product choice shows growing confidence in aspects of the housing market, even before anticipated rate cuts. That’s the view of ...
Archive
![First Time Buyers sceptical that politicians will improve their chances](/upload/images/Shutterstock-only%20images/Property%20Market/3%20CoupleMakingOffer-400x310.png)
Fewer than half (46%) of potential first-time buyers believe this week’s General Election will improve their buying prospects, despite manifesto pledges. Labour...
03 July 2024
From: Breaking News
![First Time Buyers deterred by over-strict mortgage rules - claim](/upload/images/shutterstock_1015072978.jpg)
New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...
01 July 2024
From: Breaking News
![First Time Buyer mortgage costs soar](/upload/images/Shutterstock-only%20images/Property%20Market/1-HousePriceRising.png)
A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...
26 June 2024
From: Breaking News
![Lender returns to 95% mortgage market with new deals](/upload/images/240612%20%2003.jpg)
After a brief absence for what it calls “operational reasons” the Suffolk Building Society has returned to the 95% market with...
12 June 2024
From: Breaking News
![Industry sceptical about Labour's Mortgage Guarantee scheme](/upload/images/24%2006%2010%20%2002.jpg)
The industry is sceptical about the effectiveness of Labour’s nw ‘Freedom To Buy’ initiative, which effectively makes the current mortgage guarantee...
10 June 2024
From: Breaking News
![Mortgage market will see off General Election instability - expert's view](/upload/images/24%2006%2010%20%2005.jpg)
The mortgage market is resilient enough to endure temporary political uncertainty created by next month’s General Election. That’s the view of Jonathan...
10 June 2024
From: Breaking News
![First Time Buyer loan applications soar - now biggest sector of mortgage market](/upload/images/24%2006%2003%20%201.jpg)
Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...
03 June 2024
From: Breaking News
![Boost for First Time Buyer lending as last-gasp law change approved](/upload/images/24%2005%2030%20%2002.jpg)
The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...
30 May 2024
From: Breaking News
![Emerging Market Identified - many more first time buyers aged 50-plus](/upload/images/24%2005%2022%20%2002.jpg)
There was a 13% increase in Q1 2024 of 56-65 year-olds searching for their first property compared to the same period...
22 May 2024
From: Breaking News
![Building Societies target first time buyers with affordability issues](/upload/images/24%2005%2009%20%2002.jpg)
Research from independent mortgage monitor Moneyfactscompare suggests that building societies are working hard to support first-time buyers, for whom affordability has...
09 May 2024
From: Breaking News
![Mortgages target borrowers with CCJs and defaults](/upload/images/24%2005%2001%20%2001.jpg)
Aldermore is reintroducing a broader range of mortgages for owner occupiers. The lender says it wants to support often “overlooked customers” with...
01 May 2024
From: Breaking News
![Purplebricks launches Mortgage division targeting first time buyers](/upload/images/24%2005%2001%20%2002.jpg)
Purplebricks has launched Purplebricks Mortgages Limited - taking over from the old Strike Financial Services brand. A year ago the Strike online...
01 May 2024
From: Breaking News
![Record long mortgage terms for first time buyers](/upload/images/24%2004%2017%20%20%2001.jpg)
An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...
17 April 2024
From: Breaking News
![How Do First Time Buyers afford to get on the property ladder?](/upload/images/240404%20%2004.jpg)
A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...
04 April 2024
From: Breaking News
![Jury’s Out - Is the YBS 99% mortgage a good idea?](/upload/images/240402%20%2001.jpg)
Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...
02 April 2024
From: Breaking News
![HSBC launches Energy Efficient Homes mortgage range](/upload/images/240402%20%2004.png)
HSBC used the Easter period to launch its Energy Efficient Homes range, tailored for UK residential first time buyers, home movers...
02 April 2024
From: Breaking News
![Lender hires TV property guru to highlight empty homes scandal](/upload/images/240327%20%2001.jpg)
Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...
27 March 2024
From: Breaking News
![Brokerage survey gives surprise result for first time buyers’ affordability](/upload/images/240313%2005.jpg)
A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential. The...
13 March 2024
From: Breaking News
![Budget Day - Rightmove pours cold water on 99% mortgage idea](/upload/images/24%2003%2006%20%2001.jpg)
Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...
06 March 2024
From: Breaking News
![Lender says first time buyers lean heavily on families to bag first mortgage](/upload/images/24%2002%2028%20%2002.jpg)
A survey of 2,000 adults by lender Together sheds light on parental help for first time buyers. It shows that a fifth...
28 February 2024
From: Breaking News
![Rent To Home initiative aims to woo local first time buyers](/upload/images/24%2002%2021%20%2002.jpg)
A unique system of returning rent to tenants to allow them to save for a deposit on a property has been...
21 February 2024
From: Breaking News
![Worst Case Scenario - mortgage costs up hundreds per year](/upload/images/24%2002%2021%20%2004.jpg)
A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...
21 February 2024
From: Breaking News
![It’s Back! Confidence returns to the mortgage market says IMLA](/upload/images/240214%2001.jpg)
The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...
14 February 2024
From: Breaking News
![First Time Buyers aged 50-plus “one of fastest growing sectors”](/upload/images/240214%2002.jpg)
There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means that...
14 February 2024
From: Breaking News
![Halifax explains why most first time buyer applications are in joint names](/upload/images/24%2002%2005%2005.jpg)
Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...
05 February 2024
From: Breaking News
![First Time Buyers less reliant on parents for raising deposits - research](/upload/images/24%2001%2031%2001.jpg)
New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...
31 January 2024
From: Breaking News
![First Time Buyers seek larger deposits - help may be on the way](/upload/images/24%2001%2029%2003.jpg)
New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...
29 January 2024
From: Breaking News
![First Time Buyers may get 25 year fixed term mortgages under Labour](/upload/images/24%2001%2022%2003.jpg)
Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...
22 January 2024
From: Breaking News
![First Time Buyers and mortgages - new study shows the help they get](/upload/images/24%2001%2015%2004.jpg)
A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...
15 January 2024
From: Breaking News
![Building Society warns it may stop lending on holiday lets](/upload/images/24%2001%2010%2001.jpg)
A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...
10 January 2024
From: Breaking News
![Tories float plan for more long-term mortgages to boost house buying](/upload/images/24%2001%2003%20%2001.jpg)
The Conservatives are working on a series of schemes to help first time buyers to be unveiled at the Budget in...
03 January 2024
From: Breaking News
![Big Rise for 35-year-plus mortgages amongst first time buyers](/upload/images/23%2012%2013%201.jpg)
Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK Finance. In...
13 December 2023
From: Breaking News
![More help for first time buyers needed now, says leading mortgage lender](/upload/images/23%2011%2029%2005.jpg)
The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...
29 November 2023
From: Breaking News
![Opportunity for Brokers as first timers rely on family and friends](/upload/images/23%2011%2027%2003.jpg)
First time buyers aged 18 to 34 are primarily relying on advice from family and friends rather than a broker for support on the homebuying process, according to Coventry for...
27 November 2023
From: Breaking News
![Brokers’ advice crucial for first time buyers says new report](/upload/images/__thumbs/23%2011%2008%202.jpg/23%2011%2008%202__400x267.jpg)
The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...
08 November 2023
From: Breaking News
![Single First-Time Buyers cannot afford 75% of homes using Mortgage Guarantee Scheme](/upload/images/__thumbs/23%2011%2006%201.jpg/23%2011%2006%201__400x254.jpg)
Rightmove claims that single first-time buyers on an average salary and with a 5.0 per cent deposit could not afford three-quarters...
06 November 2023
From: Breaking News
![Bank of England Fears Grow Over Huge Longer-Term Mortgages](/upload/images/__thumbs/23%2010%2018%2003.jpg/23%2010%2018%2003__400x267.jpg)
A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking...
18 October 2023
From: Breaking News
![Mortgage Market Snapshot: not all bad news](/upload/images/23%2008%2016%20%201.png)
Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...
16 August 2023
From: Breaking News
![Broker searches for interest-free mortgages soar](/upload/images/2%20HousePrices_balancing-400x310.png)
Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...
18 July 2023
From: Breaking News
![Returning Homebuyer Show Scotland partners with Mortgage Advice Bureau](/upload/images/Shutterstock-only%20images/Property%20Market/Mortgage%20approvals%20down%20MortgageApplication_400x310.png)
Autumn 2023 will see the return of the Homebuyer Show Scotland in Glasgow, a dedicated show for Scottish homebuyers looking to...
18 April 2023
From: Breaking News
![Bank of Mum and Dad forks out £8.8 bn](/upload/images/Shutterstock-only%20images/Property%20Market/FamilyBuyers-400x310.png)
Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...
21 March 2023
From: Breaking News
![Record year for building society](/upload/images/Newcastle%20Building%20Society%20Head%20Office%20-%20Cobalt%20Business%20Park%20optimised.jpg)
Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...
07 March 2023
From: Breaking News
![Revealed - stamp duty cut estimated to save homebuyers £1bn per year](/upload/images/library/Stamp-Duty400x310.png)
The government announced the SDLT will only be payable on property purchases over £250,000. First-time buyers will only pay the tax...
27 September 2022
From: Breaking News
![Advisers call for reforms to break down barriers to homeownership for FTBs](/upload/images/Back-link-images/1_-London.jpg)
In the UK, homeownership remains one of the main aspirations for young adults and families who envision climbing the property ladder...
21 June 2022
From: Breaking News
![Family lending made simple with new lending platform](/img/default/it.png)
Tembo, the ‘next generation’ lending platform, has launched a new approach to family lending for mortgages. The lender offers a range of...
17 June 2021
From: Breaking News
![First time buyers underestimate the cost of buying](/img/default/it.png)
The homebuying process and its associated costs is being met with a lack of understanding amongst potential first-time buyers, fresh research...
07 November 2017
From: Breaking News
![UK mortgage market surged in June](/img/default/it.png)
Fresh statistics suggest the UK’s mortgage market has been boosted again, with approvals for home lending up month on month and...
04 August 2017
From: Breaking News
![Legal & General to kick off sixth roadshow this spring](/img/default/it.png)
Legal & General Mortgage Club has announced that it will be hosting its annual series of Mortgage Club LIVE events for...
01 March 2017
From: Breaking News
![Shared ownership range launched by Tipton](/img/default/it.png)
Tipton has launched a new shared ownership range, including mortgages available throughout England and Wales up to 90% of the share...
11 August 2016
From: Breaking News
![First-time buyers move home to build deposits](/img/default/it.png)
Single first-time buyers and couples can significantly cut the time it takes to save for a deposit by moving back in...
18 April 2016
From: Breaking News
![Buy-to-let investors “storm housing market”](/img/default/it.png)
Buy-to-let investors are said to be "storming the housing market" as estate agents report an increase in the numbers trying to...
30 March 2016
From: Breaking News
![Santander unveils “market-leading” Help-to-Buy Isa](/img/default/it.png)
Santander has launched what it claims is a market-leading Help to Buy Isa rate charging 4.00%. The new tax-free savings rate is...
15 March 2016
From: Breaking News
![150,000 now own through Help to Buy](/img/default/it.png)
More than 150,000 people have become homeowners through the Government’s flagship Help to Buy housing scheme. New official figures show that 80%...
11 March 2016
From: Breaking News
![Nationwide cuts 95% LTV mortgage rates](/img/default/it.png)
Nationwide is cutting selected deals by up to 0.40% across its range of 95% LTV fixed rate mortgages from today. Its two-year 95%...
06 January 2016
From: Breaking News
![First time buyers stage 2015 comeback](/img/default/it.png)
The number of first-time buyers rose by almost a quarter in 2015 despite growing fears that they are being squeezed out...
05 January 2016
From: Breaking News
![Help to Buy Isa rates flop](/img/default/it.png)
Two thirds of prospective homebuyers are likely to take advantage of the new Help to Buy Isa yet rates so far...
02 December 2015
From: Breaking News
![First-time buyer sales soar to six-year high](/img/default/it.png)
House sales to first time buyers accounted for nearly a third of total sales in October, the highest proportion since August...
01 December 2015
From: Breaking News
![TSB launches 10-year fix and cuts rates](/img/default/it.png)
TSB has launched a competitive 10-year fixed rate mortgage and cut rates on other deals by up to 0.25%. The new 10-year...
17 November 2015
From: Breaking News
![Nationwide offers free valuations across entire range](/img/default/it.png)
Nationwide Building Society is removing all standard valuation fees from its mortgage range. Customers will now be able to select any mortgage...
12 November 2015
From: Breaking News
![Buy-to-let crackdown “harms tenants more than landlords”](/img/default/it.png)
Loss of higher rate tax relief and tighter regulation on buy-to-let could harm tenants more than landlords by constraining the supply of rented...
20 October 2015
From: Breaking News
![Now Nationwide and Co-op join mortgage price war](/img/default/it.png)
Nationwide and The Co-operative Bank are the latest lenders to join in the recent bout of mortgage rate cutting. This follows a flurry...
16 September 2015
From: Breaking News
![Nationwide launches £1bn first-time buyer plan](/img/default/it.png)
Nationwide is aiming to boost first-time buyer mortgage lending with £1 billion of new low deposit products. It is launching a range...
10 September 2015
From: Breaking News
![Clydesdale and Yorkshire Banks launch new mortgage rates](/img/default/it.png)
Clydesdale and Yorkshire Banks have launched new lower mortgage rates with a number of market-leading products. The competitive rates include a selection...
04 September 2015
From: Breaking News
![Nationwide to offer Help to Buy Isa in December](/img/default/it.png)
Nationwide Building Society will back the new government-backed Help to Buy Isa from 1 December. The new offering will run alongside its...
27 July 2015
From: Breaking News
![Brokers welcome Osborne’s planning reforms](/img/default/it.png)
Mortgage brokers and property companies have welcomed government proposals to overhaul Britain’s planning laws and increase housebuilding. Chancellor George Osborne announced on...