Buying a house isn’t out of the question even if you can’t put down a deposit – but make sure you understand the risks and drawbacks before deciding if one is best for your situation
Read MoreHow do no-deposit mortgages work and should I get one?
Tag: LTV
HSBC offers landlords mortgages with just a 20% deposit… but will they pass the affordability checks?
Number of 80% buy-to-let mortgages has more than doubled in past two years
Read MoreMortgage lender launches Help to Buy alternative
A mortgage lender has come up with its own version of the now defunct Help to Buy Equity Loan scheme.
Read MoreNew today – “lifeline’ mortgage for buyers missing Stamp Duty deadline
Skipton Building Society is launching a new mortgage offer today, aimed at buyers who miss this week’s Stamp Duty deadline.
Read MoreUpcoming stamp duty changes shake up the mortgage market
Rules surrounding Stamp Duty Land Tax (SDLT) are set to change on 1st April, causing a flurry of activity in the mortgage market.
Read MoreWhat is LTV in mortgages? Martin Lewis explains most important factor for first-time buyers
The start of 2025 has brought positive news for home buyers as property value growth steadies and lenders begin offering better mortgage rates.
Read MoreNationwide calls on government to relax mortgage affordability rules
Nationwide has called on the government to relax mortgage affordability rules to boost first-time buyer lending.
Read MoreBank of Mum and Dad to lend £30bn to first-time buyers over next three years – Savills
Some £30bn is expected to be gifted to first-time buyers in the next three years, according to estate agency group Savills.
Last year £9.4 billion was gifted to 164,000 first-time buyers, accounting for a huge 57% of all mortgaged first-time buyers.
Frances McDonald, director of residential research at Savills, said: “While many homebuyers enjoyed record-low interest rates during the early part of the decade, more stringent mortgage requirements, which have been in place since the start of the pandemic, have impacted higher-loan-to-value (LTV) lending, most commonly used by first-time buyers.
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