Lender Gen H claims it will help those who want to escape the rental market.
Read MoreFirst-time buyers are being offered interest-only mortgages – is this a helping hand or bad idea?
Category: Mortgage
What next for mortgage rates – and how long should you fix for?
The lowest fixed rate mortgage deals remain at around 4 per cent – and there is an expectation that rates may fall slightly further but not by much.
Read MoreWarning over social media videos advising people to become landlords… by defrauding their mortgage lender
Brokers are warning people not to be taken in by some claims on social media
Read MoreWhy a messy neighbour could wipe £43,000 off YOUR home’s value?
Research reveals locations where buyers will knock the most off their offer price
Read MoreStamp duty impact has been offset by improving mortgage deals
The stamp duty change in April was expected to have a big impact on the housing market, but the figures show the sector’s underlying resilience has kept it steady.
Read MoreWhat’s happening to house prices?
House prices rose by around 3% in 2024, and experts forecast similar rises in 2025
Read MoreLittle-known schemes that can help first-time buyers get on property ladder
There are a range of helpful mortgage schemes available for first-time homeowners that many people aren’t aware of
Read MoreBase rate held at 4.25% – here’s what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Read MoreCheaper mortgages and relaxed lending rules push up price of a first home
Mortgage lending to first-time buyers also reaches highest level on record.
Read MoreOlder first-time buyers and longer mortgage terms rising in popularity are risking debt into retirement
According to research from Sprive, of the 827,000 first-time buyers who bought with a mortgage in 2023-24, 11.5% were aged 45 or over. This is almost triple the 3.6% figure recorded in 2019-20.
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