Loans lasting up to 40 years can leave buyers unable to save for pension, say regulators
Experts and data agree—this year will be a good one to buy a house in most places.
Three quarters of first time buyers in England have benefited from the changes to stamp duty thresholds for first home purchases introduced a year ago, according to new research.
Dire warnings of a no-deal Brexit could be seen as helpful to first-time buyers. But a downturn would hurt those who can least afford it the most
More than 180,500 first time buyers in Britain have saved a total of £426 million through the stamp duty relief programme introduced a year ago, official figures show.
More first time buyers are getting on the housing ladder in London, reaching their highest level in three years with new mortgage numbers up in the third quarter of 2018, new figures show.
First-time buyers should be allowed to take out controversial 100 per cent mortgages where no deposit is required, says a major industry body.
Generation Rent says number of first-time buyers has risen despite landlords’ warnings
Demand from new buyers nationally has weakened slightly for the second successive month, making the forward-looking sales indicators also turn a little more pessimistic according to the September 2018 RICS UK Residential Market Survey.
Thinktank draws up plan at time when 40% of young adults are unable to buy a home
About 40% of young adults cannot afford to buy one of the cheapest homes in their area even with a 10% deposit, according to a new research.
Young adults face distant prospect of getting on housing ladder, research suggests
First-time buyers face an extra bill of £1,000 per year when they come to remortgage as rising interest rates start to ramp up the cost of borrowing.
Number of new homeowners rose 8% in May as mortgages for landlords dropped 10%
In England and Wales, average single first-time purchaser would need just over 10 years
More first-time buyers climbed onto the property ladder in January than in the first month of any year since 2007, as low interest rates and the cut to stamp duty boosted the number of new homeowners.
Sales of first homes rise 7.4% in 2017 but property experts warn boom may already be waning
FCA says new buyers may pay far more interest as they have to take out longer mortgages than previous generations
The new stamp duty threshold doesn’t look so good outside London and as for the £44bn worth of measures? That’s actually £15bn ... spread over five years
Young first-time buyers are increasing their overall mortgage debt in order to tackle short-term financial pressures.
The average mortgage term is lengthening from the traditional 25 years, according to figures from broker L&C Mortgages.
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