First-time Buyers

First-time Buyers

Mortgage misconceptions fuel rejection fears

Lloyds research reveals widespread confusion over lending criteria is adding pressure for aspiring purchasers. ...

88% of adults would help kids or grandkids to buy

Most UK adults would support younger relatives with a property purchase as affordability pressures continue to grow. ...

HBF hits out at lack of help for first-time buyers  

Calls grow for a replacement equity loan scheme to improve access to new-build homes. ...

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. ...

Market reacts to First Time Buyer ISA

The proposed First Time Buyer ISA has been welcomed as a simpler savings product, although lenders say it must keep pace with rising house prices. ...

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. ...

First-time buyer mortgage demand holds constant

First-time buyer mortgage demand remains resilient, with search activity only slightly below last year despite rising property values. ...

Biggest June house price drop in 14 years

Rightmove reports the sharpest June asking price fall in 14 years as sellers compete for buyers amid abundant housing stock. ...

Paradigm leads push for mandatory mortgage advice for FTB

Paradigm is calling for mandatory mortgage advice for first-time buyers to reduce risks and improve consumer protection. ...

Afin Bank appoints new chief commercial officer

Afin Bank promotes Rob Lankey to chief commercial officer to lead lending strategy and broker relationships. ...

Full cost of buying vs renting revealed

Index finds first-time buyers are £64,000 better off buying than renting over five years. ...

Hotspots unveiled as best for first-time buyers

Scotland and northern England dominate the UK’s most affordable first-time buyer hotspots, despite slowing house price growth. ...

Rightmove says house prices rise again  but north-south divide continues

Rightmove says affordability is widening the north-south property price divide despite resilient market activity. ...

Lloyds and Fleet launch bold mortgage products

Lloyds Banking Group will launch a new £5k deposit mortgage aimed at first-time buyers struggling to find a fuller deposit, while buy-to-let specialist lender Fleet Mortgages has reintroduced zero-fee and fixed-fee, five-year fixed-rate mortgages. ...

Nationwide cuts rates for second time in a week

Nationwide has reduced mortgage rates for the second time in...

Biggest decline in mortgage rates since October 2024

Mortgage rates recorded their biggest monthly fall since October 2024...

Biggest June house price drop in 14 years

Rightmove reports the sharpest June asking price fall in 14...
Latest Features

More mortgage rate misery to come

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

Gross mortgage lending increases 11.1% by quarter

Mortgage advances and new commitments rise as higher LTV lending...

41% switch banks for better mortgages

Better mortgage deals are a key reason for bank switching,...