Deposits

Deposits

House price inflation adds 9-month wait for FTB

Escalating house prices are extending the time first-time buyers need to save for a deposit, new analysis reveals. ...

30-year high for young adults living at home

Nearly three in ten young adults still live with their parents as rising deposit costs continue to delay home ownership. ...

12 years to save for deposit by 2036

New forecasts suggest UK house prices could rise by more than 60% by 2036, increasing deposit requirements and extending saving times. ...

House Deposit account for 18-35s launched by society

It‘s a SuFfolk Building Society initiative ...

Deposits show massive local variations and remain key barrier to ownership

The average UK deposit last month was £59,057 and, for first time buyers, some £62,272. ...

Revealed – how long to save for a deposit in UK cities

The analysis is by Pepper Money ...

Deposit size could lead to higher mortgage costs, expert warns

It's not just interest rates that borrowers should look at, says Hodge ...

First Time Buyer deposit plight to get much worse – analysis 

It takes an average seven and a half years for first time buyers to save for a deposit ...

A third of Britons waiting for inheritance before buying property

A new study by a price comparison platform suggests that many younger Britons are waiting to inherit before buying a home. ...

The cost of homeownership rises to £76,000 in first year

Estate agent comparison site, GetAgent.co.uk, claims that after purchasing a property the average homebuyer pays £76,000 during the initial year. In some areas of the market, the price reaches up to £209,329.  ...

First-time buyer deposits climb 41% in the last decade

Deposits for property purchases typically cost 10-15% of the value of the home and saving for one can be particularly challenging, especially for a first-time buyer. ...

Shocking £27m deposits still held in rental disputes since 2021

While tenancy disputes did see a year-on-year decline in volume during 2021, the latest industry insight from mydeposits show that there was still an estimated £27 million worth of deposits held in rental disputes between tenants and landlords. ...

Britain’s booming house market sees deposit costs for FTB escalate

Recently a study was done and revealed by Stipendium, the platform that simplifies life’s complex events such as home moving, that the average cost of a mortgage deposit on a first home has seen a significant escalation of 54% in ...

Deposit Unlock mortgages launches nationally

Deposit Unlock, a mortgage scheme that allows new build buyers to purchase with a 5% deposit, has launched nationally with 17 major builders after a successful regional pilot. ...

Make way BoMaD – Bank of Gran and Grandad boosts FTB deposit funds

Older homeowners gifted an average of £42,500 to younger relatives to help them get on the property ladder in 2020, new data analysis from Key has revealed. ...

Interest rate threat and mortgage affordability cause market to stagnate

Higher mortgage costs and economic uncertainty are expected to keep...

Mortgage shock ahead as rates set to rise

Major lenders reprice deals as swap rates climb, adding further...

More mortgage rate misery to come

Rising swap rates are pushing lenders to reprice fixed deals,...
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