Related topic: Deposit

Moneyfacts has cautioned that the notable minority entering the market with large deposits risks creating a two-tier market.

New research suggests caution needed over idea of ‘pension access schemes’ for first-time home buyers.

The figures shine a light on the growing divide in the first-time buyer market.

 Among major cities, the biggest gap between owning and renting is in Glasgow, where buyers could save more than £4,750 a year.

Rob Oliver, distribution director at Dudley Building Society, says lender criteria around gifted deposits must reflect the real world, where older relatives are often a vital part of...

More homeowners and first-time buyers than ever need the Bank of Mum and Dad for home deposits.

It is launching with a five-year fixed rate mortgage and will be available to applicants on Visas.

The lender has also reduced rates across the range.

High living costs are impacting parents’ ability to help fund their children’s deposit, impacting three out of five (59%) first-time buyers.

Research estimates the average salary needed to buy a house in the UK is over £59,000.