A scheme for first-time buyers under the age of 40 in England to buy a new home at a 20% discount went live at the weekend. FTBs can now apply…
Tag: first time buyers mortgage
Mortgage wars continue as home buyers find cheapest deals ever
Mortgage rates have plunged to new record lows, the Bank of England has reported, while the price war between lenders shows no sign of a let-up. Peter Brodnicki, of the…
First-time buyers storm back to highest level for seven years
The number of first-time buyers last year shot up to the highest level since 2007. According to the Halifax, there were 326,500 first-time buyers in 2014 – up 22% on…
Mortgage time bomb ready to explode for thousands of borrowers
A ‘mortgage time bomb’ is looming for people aged over 50 with interest-only mortgages and who had hoped that an endowment would clear the lump sum, typically after 25 years.
First-time buyer activity jumps 20% in March
The number of first-time buyers increased 20 per cent in March, according to data published today by the Council of Mortgage Lenders.
First-Time Home Buyers ‘Up 12% In Past Year’
The past 12 months saw 12% more first-time buyers take the plunge into the property market than in 2011, according to a report by the Halifax. About 216,000 people got…