Rule changes mean buyers could borrow up to £40,000 more than before, easing affordability pressures, it has been revealed.
Read MoreNew mortgage rules will help 80,000 renters onto property ladder for first time
Tag: first time buyers
Could NatWest’s family mortgage blast your adult children on to the housing ladder?
If you dream of helping your child on to the property ladder but don’t have buckets of cash to give or lend them for a deposit then you might consider becoming a ‘booster’ on their mortgage application.
Read MoreIs it about to become easier to get a mortgage?
The FCA is urging lenders to ease affordability rules – here’s what it means for first-time buyers
Read MoreMajority of first-time buyers do not know how to get the best mortgage rate, poll finds
An overwhelming majority – 84% – of first-time buyers are unaware of how to get the best mortgage rate, research from a broker found.
Read MoreSpring Statement: What will it mean for mortgages and housing?
The Chancellor Rachel Reeves has reinforced the government’s commitment to ‘get Britain building again’ as she delivered her Spring Statement today.
Read MoreSantander eases mortgage rules so it can lend up to £35,000 more
Bank cuts its stress testing rate for home buyers after FCA urged lenders not to be ‘unduly restricting’
Read MoreFirst-time buyers could save £1,000 a year with this little-known hack
Ahead of the rise in stamp duty on April 1, many first-time buyers are rushing to complete before the deadline to avoid overpaying.
Read MoreFirst-time buyers paying extra £4,200 a year on their mortgage
First-time buyers in the UK are facing paying an extra £4,200 a year on their mortgage with increased mortgage payments, which now average £940 per month compared to £590 five years ago, according to latest Rightmove research.
Read MoreWhat are green mortgages and are they the future?
We spoke to a number of mortgage experts, including those at the banks who offer green mortgage products, about who they’re best suited to and what to watch out for.
Read MoreMartin Lewis warns MPs of ‘serious holes’ in Lifetime ISAs as he calls for action on ‘unfair’ and ‘off-putting’ first-time buyer fines
The Lifetime ISA (LISA) withdrawal fine needs to be removed for first-time buyers purchasing homes above the scheme’s £450,000 limit, Martin Lewis has urged.
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