A guide for first-time buyers

Lending up 10 per cent

Gross mortgage lending declined to an estimated £10.5 billion in January. Lending fell by 14 per cent from £12.2 billion in December but was 10 per cent higher than the total of £9.5 billion in January 2011, according to the Council of Mortgage Lenders. Although a seasonal decline is expected, January was the sixth month [...]

Post Office cuts mortgage rates by up to 1.01 per cent

The Post Office is cutting its mortgage rates by up to 1.01 per cent on a range of its fixed rate and tracker mortgages, expanding its offering to those with larger deposits, whilst maintaining a range for first time buyers. Products are available immediately. The largest cut is to its five year fixed rate deal [...]

Barclays launches new mortgage products

Barclays has refreshed its mortgage range. Highlights include a cut of 0.11 percentage points on the two year fixed rate at 80 per cent LTV, from 3.59 per cent to 3.48 per cent and the launch of a new product, combining a tracker and fixed rate. Barclays ‘Future Fix’ is a new mortgage product combining [...]

End of stamp duty holiday encourages first time buyers

House sales edged up slightly during January as an increased number of first time buyers looked to beat the stamp duty holiday, which expires in March, says the latest RICS UK Housing Market survey. 12 per cent more surveyors across the UK reported rises rather than falls in newly agreed sales since the beginning of [...]

Leeds launches 95 per cent shared ownership range

Leeds Building Society has launched new shared ownership mortgage products, available over a two or three year period, to help first time buyers onto the housing ladder. The rates begin at 5.69 per cent. Kim Rebecchi, Leeds Building Society’s sales and marketing director said, “We are all well aware of the difficulties facing first time [...]
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First-time buyer news

Lending up 10 per cent

Gross mortgage lending declined to an estimated £10.5 billion in January. Lending fell by 14 per cent from £12.2 billion in December but was 10 per cent higher than the total of £9.5 billion in January 2011, according to the Council of Mortgage Lenders. Although a seasonal decline is expected, January was the sixth month [...]

Post Office cuts mortgage rates by up to 1.01 per cent

The Post Office is cutting its mortgage rates by up to 1.01 per cent on a range of its fixed rate and tracker mortgages, expanding its offering to those with larger deposits, whilst maintaining a range for first time buyers. Products are available immediately. The largest cut is to its five year fixed rate deal [...]

Barclays launches new mortgage products

Barclays has refreshed its mortgage range. Highlights include a cut of 0.11 percentage points on the two year fixed rate at 80 per cent LTV, from 3.59 per cent to 3.48 per cent and the launch of a new product, combining a tracker and fixed rate. Barclays ‘Future Fix’ is a new mortgage product combining [...]

End of stamp duty holiday encourages first time buyers

House sales edged up slightly during January as an increased number of first time buyers looked to beat the stamp duty holiday, which expires in March, says the latest RICS UK Housing Market survey. 12 per cent more surveyors across the UK reported rises rather than falls in newly agreed sales since the beginning of [...]

Leeds launches 95 per cent shared ownership range

Leeds Building Society has launched new shared ownership mortgage products, available over a two or three year period, to help first time buyers onto the housing ladder. The rates begin at 5.69 per cent. Kim Rebecchi, Leeds Building Society’s sales and marketing director said, “We are all well aware of the difficulties facing first time [...]

First-time buyers in depth

How could you protect yourself from increases in your monthly mortgage payments?

Sponsored Article The Bank of England base rate has been at the historic low of just 0.5% for almost two years but some economists are predicting that we will begin to see rates increase during 2011, perhaps several times. For some mortgage customers this is cause for concern and across the industry we are already [...]

Mortgage costs

Buying a home is expensive. At every stage in the process, it appears another large bill will come up. But advance knowledge should help you prepare for those costs, and hopefully reduce them

Helping hands

Buying a home for the first time can be a daunting experience. And being able to afford to buy a property has become the biggest problem for those trying to get on the property ladder.

How to help first time buyers

This month’s panel of experts debate the opportunities available to first time buyers and ask whether, in current market conditions, now is the right time to buy.

Shortening the jump on to the first rung

Are you bracing yourself to get on the first rung of the property ladder in 2008? Swat up on the best first-time-buyer mortgage deals and schemes and the prospect might not seem so daunting, says Laura Howard

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While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.