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

 

30-Jan-2008
Brighton is a popular choice for today's homebuyers due to its "London feel" and "extremely good transport links", which may be of interest to first-time buyers.
29-Jan-2008
First-time buyers should ensure that they can afford their mortgage repayments as figures show nearly half a million homeowners missed payments in the last six months.
28-Jan-2008
Anyone buying their first property should ensure they take out some building insurance or they may be putting their home 'at real risk', according to Nationwide.
25-Jan-2008
Anyone looking to buy their first property this year is likely to need a large deposit in order to secure a competitive mortgage deal.
24-Jan-2008
There was evidence this week that the interest rate cut last month is beginning to filter through to the high street.
23-Jan-2008
Concerns about inflation could put further cuts in interest rates in jeopardy, it emerged last night.
22-Jan-2008
The downward trend in loan-to-value (LTV) ratios is likely to hit first-time buyers hard this year.
22-Jan-2008
Pressure is growing on Britain's homeowners with close to half a million having missed a mortgage payment in the last six months of 2007.
22-Jan-2008
Britain's homeowners are losing an average of £5 a day because they are not on the most competitive mortgage deal.
21-Jan-2008
People looking to buy their first property are likely to start their search online, according to the head of a leading property website.
21-Jan-2008
The credit crunch is likely to hit individuals this year, experts have warned.
16-Jan-2008
Last month's decision by the Bank of England to reduce interest rates by 0.25 per cent has not been passed on to applicants for fixed rate mortgages, new figures suggest.
16-Jan-2008
Owning property is more important to Britain's students that buying their first car or going travelling, research has shown.
16-Jan-2008
Demand will continue to outstrip supply in the suburbs of Scotland's major cities, driving house price inflation this year.
15-Jan-2008
Inflation remained unchanged last month, according to official figures.
15-Jan-2008
Discounted mortgages are set to become more popular this year, as homeowners and first-time buyers look to keep their repayments down.
14-Jan-2008
First-time buyers are in an almost unique position to benefit from home information packs (Hips), according to a leading property website.
14-Jan-2008
Mortgage customers have begun to see the impact of the credit squeeze, new research has shown.
11-Jan-2008
Northern Ireland's first-time buyers could find it easier to buy their first property this year as the runaway housing market begins to cool, experts believe.
10-Jan-2008
The Bank of England's monetary policy committee (MPC) faces a tight call today when it announces its interest rate decision for January.
10-Jan-2008
The Bank of England's monetary policy committee (MPC) has voted to leave interest rates on hold at 5.5 per cent.
09-Jan-2008
People struggling to get a foot on the property ladder might have an opportunity to cash in this year.
09-Jan-2008
The turmoil affecting the international money markets will continue to be an issue for people looking to get on the property ladder, experts have warned.
08-Jan-2008
Drawdown lifetime mortgages are becoming increasingly popular, as over-50s look to make the most of the value tied up in their homes.
07-Jan-2008
The housing market in England and Wales grew stronger in November, according to new figures released.
07-Jan-2008
Homebuyers worried about the possible downturn in the property market are being encouraged to consider Liverpool as a possible location.
07-Jan-2008
The housing market in England and Wales grew stronger in November, according to new figures released.
04-Jan-2008
Britons believe that the Nationwide building society is the most trustworthy lender in the country, according to a new poll by moneysupermarket.com.
03-Jan-2008
First-time buyers have been advised that now might be the best time to take action and climb onto the first rung of the property market ladder.

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News and Offers for First Time Buyers

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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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