Mortgage Advice for First Time Buyers, First Time Buyer Mortgages and First Mortgage Advice

 

30-Apr-2008
First-time buyers may be able to glean some benefit from the global credit crunch, it has been claimed.
30-Apr-2008
First-time buyers are taking a risk by using debt for deposits, an expert has warned.
29-Apr-2008
Nationwide Building Society is launching a new offer which will help first-time buyers who deal with the company directly.
29-Apr-2008
Homeowners struggling with rising living costs may be eligible for a mortgage payment holiday, according to MoneyExpert.com.
28-Apr-2008
The Council of Mortgage Lenders (CML) has called on the European Commission to shelve mortgage proposals, given the extent the market has changed, which could be good news for first-time buyers.
28-Apr-2008
The buy-to-let market should perform well this year as a result of "key factors" which are still strong, it has been claimed.
23-Apr-2008
The Bank of England's Special Liquidity Scheme has restored some optimism back into the property market, it has been claimed.
23-Apr-2008
Buyers and sellers in the property market are willing to enter into transactions, but first-time buyers are adopting a 'wait and see' attitude, experts have said.
23-Apr-2008
The Bank of England's Special Liquidity Scheme has restored some optimism back into the property market, it has been claimed.
23-Apr-2008
Buyers and sellers in the property market are willing to enter into transactions, but first-time buyers are adopting a 'wait and see' attitude, experts have said.
22-Apr-2008
David Wilson Homes is welcoming first-time buyers to The Parque, its new development in Fishponds, Bristol.
22-Apr-2008
People should buy property "based on their lifestyle needs" rather than primarily as an investment, an expert has said.
22-Apr-2008
David Wilson Homes is welcoming first-time buyers to The Parque, its new development in Fishponds, Bristol.
22-Apr-2008
People should buy property "based on their lifestyle needs" rather than primarily as an investment, an expert has said.
21-Apr-2008
Mortgage lenders are urging the government to assist unemployed people with their mortgage repayments.
21-Apr-2008
Mortgage lenders are urging the government to assist unemployed people with their mortgage repayments.
21-Apr-2008
The Bank of England (BoE) has unveiled its plan to inject £50 billion into the UK's financial system in a bid to rescue the mortgage market, which could be reassuring for first-time buyers.
16-Apr-2008
The Bank of England (BoE) is planning to intervene in the mortgage market in order to ease the burden on lenders and borrowers, which may be of note to first-time buyers.


16-Apr-2008

HSBC is pushing a high-profile campaign which aims to attract mortgage customers affected by the credit crunch, which has seen interest hikes and reduced product availability.


15-Apr-2008
With the Bank of England cutting base rates and many experts forecasting substantial payment shocks for those approaching the end of a fixed-rate deal, first-time buyers are understandably felling apprehensive about the market.
15-Apr-2008
Some 1.1 million first-time buyers have opted to suspend their property ownership plans for at least the next 12 months, according to statistics.


14-Apr-2008
The chairman of the Council of Mortgage Lenders (CML) has urged the Bank of England to inject further liquidity into the property market, which could be of note to first-time buyers.
14-Apr-2008
While the Bank of England's interest rate cut is welcomed by the property market, the government still needs to do more to help first-time buyers, an expert has said.


09-Apr-2008
First-time buyers are a vital component in keeping the property market healthy, an expert has said.
09-Apr-2008
HSBC is giving consumers some peace of mind by matching repayments on their previous fixed-rate mortgage when they switch to the lender.


08-Apr-2008
Housing minister Caroline Flint has announced that the government will offer grants to first-time buyers to help get this group onto the property ladder.
08-Apr-2008
The National Association of Estate Agents (NAEA) has urged the property market to remain upbeat despite differences in house prices across the country, which may be of note to first-time buyers.


08-Apr-2008
Mortgage approvals inched up to 43,870 in February from 43,732 the previous month, which may be a good sign for first-time buyers.
07-Apr-2008
The credit crunch has caused a substantial increase in demand for rental property in Scotland, an expert has said.


07-Apr-2008
Homeowners have been given some fresh hope with a prediction that cuts in interest rates could be imminent.
03-Apr-2008
The Bank of England’s monetary policy committee is likely to cut the base rate of interest this month, according to one firm.
02-Apr-2008
The need for first-time buyers to move quickly on deals has been underscored by First Direct, which has become the first bank to withdraw its mortgage range to new customers.
02-Apr-2008
First-time buyers considering a mortgage abroad may be interested to learn that the French property market should be relatively unaffected by the credit crunch, according to an expert.
01-Apr-2008
The National Landlords Association (NLA) has deemed the outlook "excellent" for Scotland's buy-to let market this year.
01-Apr-2008
The average deposit put down by first-time buyers has increased by two-thirds since October last year, according to new research.

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There's alot going on! What do you think?

Interest rates are low but could rise? Is this a good time to buy?

Yes
No

Varialbe rate mortgages go up if bank interest rates do. Which is your preference?

Fixed Rate
Variable rate

Interest only mortgages are cheaper but in the end you don't end up owning the property. Which is better?

Interest Only
Repayment

House prices are waivering. Do you think this is a good time to buy?

Yes
No

Shared equity mortgages allow you to buy a new home with 5% deposit and an equity loan through FirstBuy. What do you think?

Too complicated
Too expensive
Too risky

Rent to buy allows you to peg a property price, save towards a deposit and pay reduced rent. What do you think?

Works best in a rising market
Too complicated
Good option


 

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