The mortgage guarantee scheme which helps buyers with a small deposit purchase a property is being extended permanently, the government revealed yesterday.
Read MoreMortgage guarantee scheme to be made permanent from July
Category: Mortgage
My income is topped up with universal credit. Can I still get a mortgage?
Question: I am trying to apply for a mortgage, and though I work, part of my income is topped up with universal credit (UC). How will this affect my income as assessed by a mortgage lender and will it affect eligibility?
Read MoreInterest rates set to be held at 4.25 per cent – what it means for mortgages
The Bank of England will hold interest rates at 4.25 per cent on Thursday, economists predict, which could mean higher mortgage rates for longer.
Read More6 ways first-time buyers can boost their credit score
A top tip for first-time buyers wondering how to get the best mortgage rate possible to work on boosting your credit rating.
Read MoreNew mortgage rules will help 80,000 renters onto property ladder for first time
Rule changes mean buyers could borrow up to £40,000 more than before, easing affordability pressures, it has been revealed.
Read MoreThe best mortgage rates for first-time buyers: What deals are available and how long should you fix for?
If you’re hoping to buy your first home soon, searching for the best mortgage rates for first-time buyers is an essential part of the process.
Read MoreUK mortgage guarantee scheme due to end with no news on replacement
More than 53,000 mortgages have been completed using scheme, which encourages lenders to offer up to 95% loans.
Read MoreWhen will interest rates go down again?
The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May – the second reduction in 2025.
Read MoreAlmost two-thirds of homebuyers face unexpected costs during property transaction
Around 62% of homebuyers who have bought in the last 12 months said they faced unexpected costs during the property transaction.
Read MoreFirst-time buyers typically borrowing for 31 years
First-time buyers are borrowing through mortgages that last an average of 31 years as the affordability of homes remains a stretch.
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