First-time buyers face a £3,541 shortfall on their deposit following house price inflation, Moneybox reveals.
First-time buyers face a £3,541 shortfall on their deposit following house price inflation, Moneybox reveals.
New research shows solo first-time buyer mortgages remain almost a decade away for many, with brokers facing longer client saving timelines.
The latest round of rate cuts focuses on high LTV products.
Patrick Bamford, head of international business development at Qualis Credit Risk, says just as the mortgage market is beginning to recover, the carrot of potential tax savings in the...
Just 2% of first-time buyers in the North East pay, compared to 79% in London.
The change forms part of a wider mortgage product launch which also includes the reintroduction of expat and holiday let products.
The new round of reductions will benefit both new and existing customers.
The number of young adults living with their parents has reached its highest level in almost 30 years.
The rate changes apply across a broad range of products, including residential first and second charge, buy-to-let, commercial and semi-commercial lending.
The surge highlights strong demand from potential first-time buyers for the existing product.
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