The new scheme - Your First Home - will support first-time buyers onto the property ladder.
The new scheme - Your First Home - will support first-time buyers onto the property ladder.
The value of new mortgages where the deposit is less than 5% doubled to £1.5bn.
90% of first-time buyers feel prepared before they begin, but the vast majority face unpleasant surprises along the way.
The data points to a clear opportunity for mortgage brokers to support customers who may assume homeownership is out of reach.
The mortgage industry backed a stamp duty cut and further innovation for first-time buyers in the Autumn Budget as affordability continues to bite.
LV= is using the insights to highlight the important role advisers can play in helping clients build greater financial resilience through income protection.
The range is available for both first-time and next-time buyers, with rates from 6.40%.
The product enables buyers to delay their first mortgage repayment by up to three months.
New research reveals the 10 property markets with the biggest first-time buyer discounts compared to existing homeowners.
The share of gross mortgage advances with LTV ratios exceeding 90% is at its highest level since 2008.
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