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

 

26-Feb-2009
Mortgage lenders need to offer better rates to prospective first-time buyers with smaller deposits to bring in revenue from this type of property purchaser, according to money advice website Moneyfacts.
25-Feb-2009
More first-time buyers (FTBs) are relying on parental help as they consider financial solutions to try and get on to the property ladder, an estate agents have said.
24-Feb-2009
The damaging impact of the economic downturn on the mortgage market has been much documented, but new figures from the British Bankers' Association (BBA) today showed that loan approvals for homebuyers increased for the third consecutive month in January.
23-Feb-2009
A property expert says it is encouraging that more first-time buyers (FTBs) are backing in the market and making enquiries about purchasing homes.
19-Feb-2009
More first-time buyers (FTBs) defied the doom and gloom associated with the current economic climate by snapping up property in January, new research has shown.
18-Feb-2009
Some prospective first-time buyers (FTBs) could be delaying efforts to purchase a property because they wrongly assume they will not be able to borrow a sufficient loan, according to a financial advice website.
17-Feb-2009
Despite the gloom and doom associated with the credit crunch, some first-time buyers (FTBs) appear to be singing a happy tune as they consider purchasing their first property in 2009, it has been suggested.
16-Feb-2009
For prospective first-time buyers (FTBs), lending data released by the Council of Mortgage Lenders (CML) this month might not have been happy reading.
13-Feb-2009
Britons saving up for their first property need to be disciplined with their saving, an expert has suggested.
12-Feb-2009
The government should revise its policy on stamp duty as occurred during the last recession in the UK, says the National Association of Estate Agents (NAEA).
10-Feb-2009
More Britons could be enquiring about buying their first property following recent interest rate cuts from the Bank of England and falls in UK house prices, a study has indicated.
09-Feb-2009
Falls in UK house prices have meant now is a good time for first-time buyers (FTBs) to acquire a property, an expert has said.
05-Feb-2009
Interest rates were cut to their lowest level in history today but a property industry official claims first-time buyers (FTBs) need to be more concerned with the bank of Mum and Dad.
04-Feb-2009
Access to mortgages is the main problem facing homebuyers rather than the cost of financing a property purchase, it has been suggested.
03-Feb-2009
Prospective homebuyers should concentrate on saving up as much money as possible rather than depositing funds in property raffles, an expert has said.
02-Feb-2009
A further cut in the base rate this week may not be as helpful as first-time buyers hope.

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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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