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

 

31-Jul-2008
Many first-time buyers are being forced to abandon the "rite of passage" that is purchasing their own property, it has been claimed.

31-Jul-2008
The UK's housing situation has been endowed with "a faint glimmer of hope" as the fixed-rate mortgage market returns to normality, according to personal finance specialist Moneyfacts.co.uk.

30-Jul-2008
A lack of property-buying knowledge is leading some first-time buyers to be charged "extortionate fees" by agents who capitalise on it, it has been suggested.
30-Jul-2008
First-time buyers may not be able to avail of a healthy housing market until the credit crisis "has worked itself out", according to real estate specialist Savills.
29-Jul-2008
A report that will address the difficulties currently hampering the UK's mortgage market is to be published today.


29-Jul-2008
Two first-time buyers from Stirling have become the first couple to purchase a new home in the area with the help of the Scottish government's Low-cost Initiative for First Time Buyers (Lift).
28-Jul-2008
Borrowers and lenders are increasingly turning to long-term mortgage deals in an attempt to beat the ongoing credit crunch, according to one financial comparison site.

28-Jul-2008
Despite falling house prices, affordability has not improved for first-time buyers, new figures have revealed.
25-Jul-2008
The government has been urged to follow the lead of the US by introducing a 'housing rescue plan' to help first-time buyers.
24-Jul-2008
Financial woes are causing some first-time buyers to look across the Channel towards France, it has been claimed.
23-Jul-2008
First-time buyers are being priced out of the nation's villages because of the gap between property prices and local incomes.
22-Jul-2008
Hope is on the horizon for first-time buyers, according to the National Association of Estate Agents (NAEA).
21-Jul-2008
First-time buyers with their sights set on the West Yorkshire market are being offered a property-ladder 'lifeline' by one developer.
18-Jul-2008
Fewer people were granted a mortgage during the month of June, according to new figures.
17-Jul-2008
First-time buyers feeling squeezed by the credit crunch are being offered the benefits of a 'rent first, buy later' scheme by the government.
16-Jul-2008
Both the acquisition of Alliance and Leicester by Banco Santander and troubles facing US mortgage firms Fannie Mae and Freddie Mac are indicative of "unusual market conditions", according to analysts.
16-Jul-2008
More first-time buyers will be forced to turn to their parents for help with purchasing a property in the coming months, it has been predicted.
15-Jul-2008
English property developer the Cassidy Group has unveiled plans to make apartments available without the traditional cash deposit.
14-Jul-2008
Officials are looking into the possibility of cutting stamp duty, with the aim of injecting life into the property market and helping first-time buyers onto the ladder, according to reports.
11-Jul-2008
Government proposals to build more affordable homes in the UK have been welcomed with caution by the National Housing Federation (NHF).
11-Jul-2008
The decision to keep interest rates on hold will deal a blow to first-time buyers , it has been claimed.
10-Jul-2008
First-time buyer couples on low incomes are finding it harder than ever to get on the housing ladder, it has emerged.
09-Jul-2008
First-time buyers currently have "a lot of influence" on the housing market and are in a good position to make a purchase, it has been claimed.
09-Jul-2008
House prices in the UK will stop falling within a year, according to a new survey of estate agents.
08-Jul-2008
Higher borrowing costs have not put people off fixed-rate mortgages, according to new figures.
08-Jul-2008
A so-called 'easi-buy' scheme in Manchester is being aimed at first-time buyers currently priced out of around 96 per cent of towns in the UK.
08-Jul-2008
The number of mortgages lent to first-time buyers rose in May, although it was still a lower quantity than the same time last year.
07-Jul-2008
A new fixed-rate mortgage product from the Cheshire Building Society is being aimed at first-time buyers considering the possibility of shared ownership.
07-Jul-2008
Easing a credit crunch-induced 'mortgage famine' and the affordability difficulties faced by first-time buyers are the aims behind a new scheme by Liverpool city council.
04-Jul-2008
First-time buyers are being urged to "move quickly" to snap up the last of a selection of affordable apartments in Swindon.
03-Jul-2008
House prices in the UK would have to fall a lot further for owners to experience negative equity, according to GE Money Home Lending.
02-Jul-2008
The government has again been urged to provide more help for first-time buyers, encompassing not only a stamp duty holiday but also temporary tax relief on mortgage interest.
01-Jul-2008
Suspending stamp duty would ease the affordability difficulties currently facing many first-time buyers, it has been claimed.

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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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