Mortgages offered through the scheme will mean first-time buyers and home movers can buy a home with a deposit of just 5%.
Read MoreRachel Reeves to announce permanent 95% mortgage guarantee scheme
Category: Mortgage
Mortgage lending rules change could help first-time buyers
First-time buyers could get more access to mortgages after the Bank of England recommended a looser cap on riskier lending.
Read MoreFirst time buyers ‘returning to The Smoke’ reveals Rightmove
New analysis by the portal reveals many first-time buyers are looking at properties in cities albeit not in uber-expensive London.
Read MoreMajor update for first-time buyers in England after vital perk scrapped
First-time buyer schemes with tiny deposits to get you on the property ladder quicker have been revealed – as a vital deal ends this week.
Read MoreRachel Reeves’ cash ISA plans would ‘choke mortgages’
Rachel Reeves’ plans to slash the tax-free cash ISA allowance “would be effectively choking mortgage availability” for those who need them the most, a building society’s CEO has said.
Read MoreInterest rate cut ‘increasingly likely’ in August
Nationwide, Santander and Barclays are among a number of lenders to have cut prices and experts say this could be a signal of an impending interest rate cut.
Read MoreNationwide cuts mortgage rates for first time buyers, new and existing customers
For first time buyers, rates start from 3.94%
For new and existing customers moving, rates start from 3.81%
Stewart Baseley: Time for Help to Buy 2.0
With the cost of housing prohibitive to many first-time buyers, it’s time the government intervened, for the sake of them and the wider market, says Stewart Baseley, chairman of the Home Builders Federation.
Read MoreRise in number of mortgage approvals to home buyers in May, says Bank of England
The increase in mortgage approvals for house purchase was described as a ‘welcome breath of fresh air’ by one housing market expert.
Read MoreHow choosing the right mortgage lender could allow a first-time buyer to borrow £124,000 more
A study tested a typical couple against nine mortgage lenders’ calculators.
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