Santander launches Newbuy mortgages

Santander has launched a range of NewBuy mortgages via intermediaries with established ties to Barratt Homes, Berkeley, Bovis Homes, or Persimmon. The new range of mortgages, available as part of the Government’s NewBuy scheme, are designed to help borrowers trying to get their first step on the property ladder. The NewBuy range offers three, five [...]

Home owning aspirations on the rise

Despite the housing slump of the last three years, the long term home-owning aspirations of first time buyers are higher than at any time since the 1970s. New research carried out for the AA Home Emergency Response service reveals that of those who have bought their first home in the period since the 2008 housing [...]

Lloyds TSB improves first-time buyer fee saver mortgage deal

Lloyds TSB has improved its new fee saver mortgage for first-time buyers, offering borrowers the opportunity to save up to £760 on the cost of their mortgage and an additional £500 cash back incentive. The two-year fixed rate mortgage is offered with rates from 5.99 per centi and is available with an LTV of 85 [...]

Five year high in optimism for first time buyers

An optimistic one in eight people (12 per cent) say they are hoping to buy their first property in the next five years according to research from the Post Office1. Of those who plan to buy their first home within the next five years, almost a quarter (22 per cent) hope to do so in [...]

Over eight million Brits turn backs on property ladder

With UK market conditions continuing to make it difficult for would-be home owners to get a foot on the property ladder…
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