First time buyer mortgages were a smaller part of overall mortgage sales in April, says the Council of Mortgage Lenders (CML), indicating that first time buyer mortgage deals remain hard to obtain.
Posts Tagged ‘Retirement’
First Time Buyer Mortgages remain out of reach, says CML
Friday, June 18th, 2010Uncertain homeseekers opt for fixed rate UK mortgages
Thursday, June 17th, 2010There was a leap in demand for fixed rate UK mortgages in May, as homebuyers seek a predictable monthly repayment, and market watchers proclaim that interest rates can ‘only go up from here’.
Couples only, please, for new first time buyer mortgage
Thursday, June 10th, 2010
Platform has launched a new mortgage aimed at joint borrowers and couples. The product is available as a first time buyer mortgage and remortgage. Click on headline to read more.
First time buyer mortgages – Average house now over £169,000
Thursday, June 3rd, 2010Seekers of first time buyer mortgages, deflated as average house prices reach £169,162, are waiting to see what the June 22nd Budget will bring.
Little increase in mortgage deals as market remains flat
Thursday, May 27th, 2010There was little increase in the number of new mortgage deals closed by bank lenders in April, as the annual ‘spring bounce’ failed to materialise, according to the British Bankers’ Association (BBA). Consumers are focussed on clearing existing debt, rather than taking on more.
Top Tips on First Time Buyer Mortgages
Tuesday, May 25th, 2010
Did you know that independent mortgage advice saves you, on average, nearly £1,000 per year on your mortgage repayments? Read our top tips on first time buyer mortgages.
Advice and education needed on first time buyer mortgages
Thursday, May 13th, 2010Applicants for first time buyer mortgages should have to take a course of study and pass an exam before their application is considered, according to the chairman of a leading UK consumer help service.
First Time Buyer Mortgages – House Prices up 8.7%, says Halifax
Monday, May 10th, 2010House prices in April were up 8.7% on the same month last year, and those seeking first time buyer mortgages are now looking at an average house price of £168,202 in the UK, according to the latest House Price Index by Halifax. The average house price a year ago, in April 2009, was £154,663. Halifax also [...]
Election could add £52 to First Time Buyer Mortgages
Monday, May 10th, 2010The cost of repayments on first time buyer mortgages could rise by £52 per month due to the election result, according to new findings by the UK’s largest accommodation website.
Mortgage lending up 12% as the sun comes out again
Wednesday, April 14th, 2010
Mortgage lending in February was up a healthy 12%, following a bout of cold feet (and hands) that kept buyers at home during the January blizzards, the Council of Mortgage Lenders revealed today.
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