Average mortgages rates have continued to decrease, with the biggest fall year-on-year applied to two-year fixed rates, figures show.
Read MoreAverage mortgage rates continue to tick down with two-year fixed rates most impacted, Rightmove says
Tag: first time buyer
First-time buyers face being priced out by LISA limits – warning
First-time buyers could be priced out of using the Lifetime ISA (LISA) tax-free savings product to buy a home in 62 regions by 2029, research suggests.
Read MoreThe best low deposit mortgages for first-time buyers where you can buy a home with no savings
ASPIRING homeowners have more and more ways to get on the ladder with very small deposits or without any savings at all.
Read MoreMortgage applications surge as buyers rush to beat tax deadline
Santander UK has reported it saw a 130% increase in mortgage applications in Q4 2024 compared to Q4 2023, as buyers rush to secure a property purchase during the Government’s stamp duty holiday.
Read MoreMortgage repayments eat into a third of first-time buyers’ pay
Homebuying has been branded ‘prohibitively expensive’ as it emerged a first-time buyer must devote 36% of their take-home pay to fund their mortgage repayments.
Read MoreNationwide’s new mortgage rule gives first-time buyers less of a helping hand
Nationwide has dealt first-time buyers on modest incomes a blow by upping the minimum income threshold on its sole applicant Helping Hand mortgage from £35,000 to £40,000.
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