The average first-time buyer mortgage with a 5% deposit is typically up to 17% cheaper than renting, with an annual saving of £2,700 per year, a report has said.
Read MoreFTB mortgages up to 17% cheaper than renting, Lloyds says
Tag: Lloyds
Medieval West Midlands market town is cheapest place in the UK for first time buyers, according to Lloyds
It is worthwhile to consider buying home in this West Midlands market town if you’re wanting to climb the property ladder.
Read MoreLend a Hand mortgage, First Time Buyer Boost and other ways Lloyds support first time buyers
Looking to get on the property ladder or help your children become homeowners? Lloyds could allow first time buyers to borrow up to 22% more than on its standard deals.
Read MoreUK banks to shed light on consumer confidence as cheaper mortgages hit market
Some of the UK’s biggest banks are set to shed light on whether borrowers are benefiting from lower interest rates, as the lenders continue to shake off ongoing economic uncertainty.
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