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

 

26-Jun-2012
It seems that the likes of shared equity and similar initiatives can offer an average saving of 12 per cent.
22-Jun-2012
A new 4.58 per cent mortgage option has been made available from Leeds Building Society. The rate of the mortgage will remain consistent over a decade-long period, says Leeds.
21-Jun-2012
First time buyers following the latest developments in the world of mortgages have been given news of an increase when it comes to so-called gross mortgage lending, courtesy of the Council of Mortgage Lenders (CML).
20-Jun-2012
Most single people feel that they'd be better off as first time buyers, Confused.com figures suggest.
19-Jun-2012
Though becoming a first time buyer might mean forking out cash in the short term, it is well worth it in the end, Barclays has revealed.
18-Jun-2012
Principality has heralded a recent mortgage-related success.
14-Jun-2012
The CML – or Council of Mortgage Lenders – has said that the stamp duty holiday's demise was behind a decline in lending to house buyers during April.
13-Jun-2012
The Council of Mortgage Lenders (CML) reports that 74 per cent of people in Britain want to become first time buyers and have their own home before two years are out.
12-Jun-2012
Mortgage fees have been on the up, according to MoneySupermarket, with tracker and fixed options seeing a 20 per cent fee hike this side of September 2009.
11-Jun-2012
First time buyers may take heart from the fact that many so-called 'second-steppers' find themselves in a similar position to lots of debut purchasers when it comes to finances.
08-Jun-2012
This weekend is surrounded by fresh mortgage offers it has emerged. Today sees Yorkshire Building Society introduce one, while Monday sees another come from Clydesdale and Yorkshire Banks.
07-Jun-2012
A charity that works with people who are in debt says that fewer youngsters who own homes are asking for their aid.

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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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