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

 

27-Oct-2010
Better-than-expected GDP expansion could support access to first mortgages by encouraging banks to soften credit conditions.
22-Oct-2010
First-home mortgages may be more difficult to find, as one charity argues the stock of affordable housing is falling dangerously low.
21-Oct-2010
First mortgages may have been boosted as the spending review included measures to help people meet the financial obligations of buying a house.
20-Oct-2010
One expert claims cuts to affordable housing budgets are "bad news for first-time buyers".
19-Oct-2010
First mortgages are likely to climb as the average asking price increased by 3.1 per cent this month.
19-Oct-2010
First mortgages are likely to climb as the average asking price increased by 3.1 per cent this month.
15-Oct-2010
Rent to buy could make it easier for first-time buyers in 'a very difficult situation'.
14-Oct-2010
Part ownership might help parents support children joining the property ladder, but almost 40 per cent are unaware the option exists.
13-Oct-2010
First-time buyer mortgages may have fallen in September, as the proportion of first-time buyers sank to 20 per cent.
12-Oct-2010
Rent to buy might be the best option for people hoping to join the first rung of the property ladder, as buyers' expectations are 'very different' from those of sellers when it comes to prices.
08-Oct-2010
First-time buyers require at least £20,000 saved in order to put down a deposit on the average house, it has been claimed.
07-Oct-2010
First-time buyer mortgages may become over-regulated, it has been argued.
06-Oct-2010
Part ownership might be a sensible option for first-time buyers, as it is revealed demand for rental properties has struck an eight-year high.
05-Oct-2010
First-time buyers are subject to the same credit conditions as others and having a substantial deposit is the best way to secure a good deal, it has been stated.
04-Oct-2010
The cost of a first mortgage is being sweetened with a £500 utility invoice offer from Halifax.
01-Oct-2010
Shared ownership might be a good option for those finding it difficult to secure a mortgage, as data reveals credit conditions became stricter in recent months.

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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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