The average UK house price is £10,000 higher than 12 months ago.
The average UK house price is £10,000 higher than 12 months ago.
Under the scheme, the government guarantees against potential losses on 95% LTV mortgages, enabling lenders to offer more high-LTV loans.
Accord will now lend up to 5.5 times income to first-time buyers at 95% LTV.
The high-LTV product range is available to first-time buyers or existing homeowners looking to purchase, upsize or remortgage.
Northern Ireland leads on house price rises, however, prices decline in most English regions.
First-time buyer numbers have returned to pre-stamp duty change levels.
The report suggests replacing the triple lock with average earnings growth.
Average LTVs on new mortgages are much higher in Scotland.
Terraced properties saw the highest price growth by type, rising 3.6% over the year.
The Treasury Select Committee has today announced an review of the Lifetime ISA (LISA), including whether it is a suitable product for would-be homeowners.
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