Tag: First-Time Buyers
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Mortgage Hope for First-Time Buyers as Halifax Slashes Rates AGAIN!
Good news for anyone looking to get on the property ladder or move up it! Halifax is cutting mortgage rates for the third time this month, offering some much-needed relief in these pricey times. From today (Thursday 26th September), you could bag a rate up to 0.30% lower on both first-time buyer and home mover…
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Is buying your first home pushing back your life plans? You’re not alone!
New research reveals women and single people face a tougher climb to get on the property ladder, often making huge sacrifices to achieve their dream. A new report has revealed the struggles faced by first-time buyers, highlighting how women are disproportionately affected. The report by Moneybox, titled ‘Voice of FTBs’, Understanding the UK’s FTB community,…
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Is Buying a House on Your Own Just a Pipe Dream?
Finding a place to buy that doesn’t break the bank is a struggle, especially if you’re flying solo. New research shows just how tough it is for single buyers to get on the property ladder. Brace yourselves, because it’s not looking good. A new report by mortgage experts Alexander Hall reveals that only 8% of…
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First-Time Buyers Feel the Pinch as Wiltshire House Prices Rise
People hoping to get on the property ladder in Wiltshire are facing a tougher climb than ever. New figures reveal just how much house prices have soared in the last year, with first-time buyers feeling the heat the most. The latest data from the Land Registry paints a stark picture for aspiring homeowners. In July…
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Boost for First-Time Buyers as Accord Cuts Mortgage Rates
Accord Mortgages has announced a cut to its mortgage rates, making it easier than ever to buy a home, even with a tiny deposit. Accord’s latest move could help first-time buyers and anyone with limited savings. The star of the show is the £5k Deposit Mortgage, which has been slashed by 0.45% to a record…
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Nationwide Offers 6x Salary Mortgages to First-Time Buyers!
Could this be the boost you need to get on the property ladder? In a major move, Nationwide Building Society has announced it will now lend up to six times income to first-time buyers (FTBs) who choose their five- or ten-year fixed rate mortgages at up to 95% loan-to-value (LTV). This exciting development, part of…
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Wigan House Prices Dip in July but Up 3.9% Over the Year
House prices in Wigan took a little dip last month, but don’t worry, experts say it’s nothing to be concerned about. The average house price in Wigan fell slightly in July, down 1.3% to £190,999. This follows a trend across the North West, where house prices generally remained steady. Across the UK as a whole,…
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Oxford House Prices Soar as Buyers Face £475k Average
Dreaming of a house in Oxford? Get ready to dig deep as prices rocket! House prices in Oxford shot up by 3.1% in July alone, outpacing the South East average and leaving buyers staring down the barrel of a £475,247 average property price. This latest jump adds to the already eye-watering increases seen over the…
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First Time Buyers Saving for a Decade to Get on the Property Ladder
First-time buyers face years of scrimping with average deposits now over £10,000 Trying to buy your first home? Get ready for a long wait! A new report reveals that first-time buyers are now facing almost a decade of saving just to afford a deposit. The Home Builders Federation (HBF) has released a report called “Broken…
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First-Time Buyers Power £88 Billion Housing Market Boom!
House prices are being driven upwards as a record number of first-time buyers enter the market. The UK housing market is bouncing back. Brits spent £88.3 billion on houses and flats in the second quarter of 2024, an 8% jump compared to last year, according to Savills. This rise takes the total spend on property…