First-time buyer mortgage payments could be around a fifth lower than average rents if buyers have a 20 per cent deposit saved
Read MoreFirst-time buyer mortgage costs are ‘20 per cent lower than rents’ with a £50,000 deposit
Category: Mortgage
Upcoming stamp duty changes shake up the mortgage market
Rules surrounding Stamp Duty Land Tax (SDLT) are set to change on 1st April, causing a flurry of activity in the mortgage market.
Read MoreNatWest improves mortgage access for international buyers
NatWest has given mortgage brokers in the UK access to NatWest International through its broker portal to make it easier for international borrowers buying property in the UK.
Read MoreBarclays and HSBC cut mortgage rates: Advice for borrowers
More high street lenders have cut mortgage rates this week as data showed average fixed-rate prices have fallen by their biggest margins nearly six months.
Read MoreFirst-time buyers paying extra £4,200 a year on their mortgage
First-time buyers in the UK are facing paying an extra £4,200 a year on their mortgage with increased mortgage payments, which now average £940 per month compared to £590 five years ago, according to latest Rightmove research.
Read MoreBuying cheaper than renting despite tough mortgage stress tests
Zoopla says first-time buyer mortgage payments (an average £1,038 per month) are 20% lower than average rents (£1,248 per month) across Britain.
Read MoreFirst-time buyer? Get £5,000 cashback on your mortgage with this easy tip
From sky-high property prices to chipping away at the deposit fund, getting on the housing ladder in the UK as a first-time buyer is no mean feat.
Read MoreThe BIG mistakes people make when applying for a mortgage, according to experts
Gifted funds, signs of gambling or changing jobs can all hurt an application
Read MoreAverage mortgage rates continue to tick down with two-year fixed rates most impacted, Rightmove says
Average mortgages rates have continued to decrease, with the biggest fall year-on-year applied to two-year fixed rates, figures show.
Read MoreWhat are green mortgages and are they the future?
We spoke to a number of mortgage experts, including those at the banks who offer green mortgage products, about who they’re best suited to and what to watch out for.
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