Tag: First-Time Buyers
-
TSB Tempts First-Time Buyers with Mortgage Rate Cuts, Landlords also Get Cheaper Deals
TSB has lowereed rates on some of its mortgages. The high street bank is battling to attract new customers by offering cheaper deals to those buying their first home or moving up the ladder. The bank has cut rates on its three-year fixed rate mortgages for first-time buyers and home movers who need a loan…
-
Mortgage Rate Cuts: first direct Reduces Rates to 3.79%
first direct has announced major cuts to their mortgage rates, with some deals now available below 4%. The bank has reduced rates across over 100 of its mortgage products, with cuts of up to 0.25% available. This means you could bag a cheaper deal, whether you’re a first-time buyer, moving home, or looking to remortgage.…
-
First Home Out of Reach for Most Workers
New research reveals even the UK’s top earners can’t afford to buy a home – and some would need to DOUBLE their salary to get on the property ladder. Getting on the property ladder feels like a distant dream for many, and new research shows just how hard it is, even for those in well-paid…
-
Suffolk Building Society Slashes Mortgage Rates for Landlords
Suffolk Building Society has announced a rate cut across its Buy-to-Let products, just as new regulations threaten to squeeze landlords’ profits. In a move that will be music to the ears of property investors, the building society has reduced rates on a range of its fixed-rate Buy-to-Let mortgages by up to 30 basis points (bps).…
-
Mortgage Processing Times Slashed: Good News for Homebuyers!
High-street lenders are now processing mortgage applications much faster, giving hope to eager homebuyers and sellers. New data reveals that big-name banks have cut their average mortgage processing time by 30%, down from 14 days in 2022 to just 10 days this year. This means you could be getting the keys to your dream home…
-
Skipton Building Society Reduces 75 Mortgage Rates!
Skipton Building Society is dropping the rates on of its mortgages, making it cheaper to get on the property ladder. These cuts could mean lower monthly payments for borrowers. Here’s what you need to know: First-time buyers: Everyone else: Jennifer Lloyd, at Skipton, says “We’re chuffed to bits to be slashing rates across our mortgages,…
-
Virgin Money Mortgage Rate Reduction
Virgin Money has announced cuts to its mortgage rates, potentially saving borrowers thousands of pounds. The reductions apply to a range of fixed-rate mortgages, including those for first-time buyers, remortgagers, and buy-to-let landlords. Here’s a breakdown of the key changes: Remortgage Deals Get Cheaper First-Time Buyer Boost Landlords Aren’t Left Out Early Repayment Charges Reviewed…
-
Atom Bank Reduces Prime Mortgage Rates
Atom Bank has announced a second round of mortgage rate cuts this month, offering some relief to both first-time buyers and those remortgaging. The online lender has reduced rates across its prime and near prime mortgages, meaning borrowers could potentially save hundreds of pounds a year. Here’s a breakdown of the changes: Prime Mortgages (For…
-
Swindon House Prices Rise Above Regional Average
House prices in Swindon are increasing faster than the South West average, offering a promising outlook for both sellers and those looking to invest. In July, the average house price in Swindon hit £271,014, a healthy 2.2% jump from June. This impressive leap surpasses the average increase seen across the South West and even outpaces…
-
Mortgage Rates Fall, Help for First-Time Buyers, Best Deals This Week
Mortgage rates have dropped again this week, with some of the biggest names slashing their fixed rates. This means lower monthly payments and a golden opportunity for those looking to get on the property ladder. First-time buyers with a 5% deposit can now secure a five-year fixed-rate mortgage below 5% thanks to Nationwide Building Society.…