There are now over 150 mortgage deals offering 90% mortgages to first time buyers. The figures have doubled in 9 months, and there are more on the way, according to the Bank of England.
Posts Tagged ‘Self-Cert Mortgages’
Spring looks rosy for first-time buyer mortgage deals
Wednesday, April 7th, 2010Doors unlock as lenders roll out first time buyer mortgages
Friday, February 5th, 2010
Demands for large mortgage deposits, long regarded as the killer for cash-strapped first time buyers, is relaxing, and the number of available first time buyer mortgage deals is on the rise.
Mortgages: Good news for first time buyers as lenders cut deposits
Wednesday, November 11th, 2009For first time buyers, the light at the end of the tunnel has been switched back on, as lenders appear more open to smaller deposits for first time buyer mortgages. The number of 10%-deposit mortgage deals has risen from 89 to 105 since March, while the number of products available with a 15% mortgage deposit [...]
Self-cert mortgage changes – mortgage association warns of ‘mortgage prisoners’
Wednesday, October 28th, 2009The Association of Mortgage Intermediaries (AMI) has claimed that new proposals could reduce borrowers’ access to finance in the mortgage market.  The AMI, which represents advisers giving mortgage advice, was referring to new proposals by the financial regulator (Financial Services Authority FSA) seeking to tighten up lending criteria by more rigorous judgement of the ‘affordability’ [...]
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