New figures released by money app Plum today explained how it would take 11 years and four months for someone with a salary of £30,000 to save £68,154.
Read MoreExactly how long it will take you to save for house deposit based on your salary
Category: Mortgage
Barclays cuts mortgage rates as other lenders raise theirs amid higher inflation
Best UK mortgage deals of the week, 21 August.
Read MoreMortgage delays causing ‘extra stress’ for buyers
The process of applying for mortgages takes much longer than it did 20 years ago, an estate agent says.
Read MoreMore help for first time buyers with Affordable Homes product
A new high LTV (loan to value) mortgage from Ecology Building Society aims to help more first time buyers struggling to step onto the property ladder.
Read MoreWhere can first-time buyers get on the property ladder quickest?
A new study of ONS data has revealed the gulf of how long first-time buyers must save for a deposit for a property in different areas across the country.
Read More80% of homeowners could be missing out on green mortgage benefits
UK homeowners could be losing out on mortgage savings as 80% of UK homeowners admit they are not familiar with green mortgages and the benefits they offer; a new survey finds.
Read MoreChanges to mortgage regulation improve the outlook for the housing market
The regulation of mortgage lending is key in determining the level to which buyers are able to stretch themselves to get on the housing ladder.
Read MoreAverage mortgage rates below 5% for first time since Truss budget
The average two-year mortgage rate has dipped below 5% for the first time since former Prime Minister Liz Truss’s mini-budget in September 2022, figures show.
Read MoreIs now a good time to buy a house?
Mortgages may be getting cheaper but stamp duty costs remain a challenge for those looking to get on or move up the property ladder.
Read MoreThe huge number of first-time buyers relying on parents for a deposit revealed
The vast majority of first-time buyers are now leaning on parents, research shows.
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