HSBC UK and First Direct have announced changes to their mortgage lending policies, to help some buyers take out bigger loans.
Read MoreBanks will offer first-time buyers ‘more firepower’ to get on property ladder
Tag: first time buyer
Where 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 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.
Read MoreWhat the interest rate cut means for you
The Bank of England has cut UK interest rates from 4.25% to 4%, the lowest level since March 2023.
Read MoreFirst-time buyers to benefit from 40,000 new homes on brownfield railway land
The Government has launched a property company to oversee the release of brownfield sites on surplus railway land to enable tens of thousands of new homes to be built.
Read MoreThings that are likely to get you turned down for a mortgage
It now takes the average first-time buyer more than 12 years to save for a house deposit. But personal finance experts say issues such as your deposit, your credit score, and your loan-to-value ratio can make a huge difference, particularly when it comes to being approved for a mortgage, and then getting a good rate.
Read MorePaying rent on time could finally start helping renters get a mortgage: ‘A very positive step’
Rachel Reeves revealed plans to allow renters to show they can afford a mortgage through paying rent on time. It’s a change Big Issue has long been calling for. Here’s what it could mean for your credit score.
Read MoreFirst-time buyers: Can we take out a 100% mortgage?
Several ‘no deposit’ mortgages have hit the market recently, but can anyone apply for these deals? Darren Polson advises a reader with a poor credit history on whether they are eligible for a 100% mortgage
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 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.
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