Related topic: First-time buyer

Proposals to introduce digitalised upfront information received widespread industry support.

In the six months to March, societies provided 61,730 mortgages to first-time buyers.

The reforms will cut buying times by around four weeks and save first-time buyers an average of £650.

Advisers carried out more than 1.7 million first-time buyer searches between 1st January and 29th May.

The gap gets even wider with London excluded - with a house being 2.3 times the price of a flat.

The value homeowners place on human advice over digital alternatives remains firm. 

Simon Chapman, group head of marketing at Vida Bank, explores why first-time buyers remain the most important cohort within the UK housing market, the key affordability challenges...

The mortgage lender has cut rates between 85% to 95% LTV.

Nationwide’s lowest rate now stands at 4.29%.

Despite growing challenges, the overall credit quality of first-time buyers has improved and average monthly mortgage payments have decreased.