The latest industry mortgage trend figures for the UK confirm that the property market has had a perhaps unexpectedly positive start to the year.
More first time buyers got a mortgage to get on the housing ladder in Wales in 2018, with industry data showing they increased by 4.3% in the final quarter year on year.
Remortgaging in London reached its highest level in a decade in 2018 with the number of first time buyers rising substantially in the final quarter of the year, industry figures show.
There were 9,000 new first time buyer mortgages completed in Scotland in the fourth quarter of 2018, some 5.9% more than in the same quarter of 2017, the latest industry figures show.
Home lenders are failing self-employed people who want to buy a home and more needs to be done to make sure they can get a mortgage, according to a new report.
While the tax and rule changes imposed on the buy to let sector over the last few years have heightened the pressures felt by landlords, they now have more choice when it comes to mortgages, new research has found.
First-time buyers now make up the majority of home purchases bought with a mortgage in the UK, figures show.
People in Britain who buy a home with a mortgage pay on average 9% more than those paying with cash, new research has found.
In the UK first time buyers have a rare opportunity to take advantage of cheap mortgage rates at a time when property price growth has slowed, according to new research.
Mortgage lending figures in January were positive, particularly for those buyers with small deposits, typically first time buyers, according to the latest data to be published in the sector.
More than 2.4 million households in the UK who would have expected to have bought property for the first time after the financial crisis are still waiting at a time when the mortgage market is forecast to remain flat.
The number of mortgages available for older home owners in the UK has increased significantly and likely due to the fact that the pension age has changed.
It’s one of the things that could lead to a refusal, making it harder to get a future loan
Gross mortgage lending across the residential market in the UK was 4.7% higher in December 2018 than in the same month in the previous year, new figures show.
Purchasers need no deposit if family can back the loan by moving 10% of price into bank’s saver account
The average 10 year fixed mortgage rate in the UK has decreased significantly over the past five years and there are more products in this sector for home owners who want more certainty with their payments, new research suggests.
As Brexit takes its toll on the property market, there is some good news for borrowers
A mixture of competitive deals and schemes, including Help to Buy, has been helping more first time buyers get onto the housing ladder in the UK, according to the latest mortgage lending figures.
Borrowing on credit cards is expected to plunge to the lowest levels since 2007 in the three months before Brexit, according to the Bank of England, in another indication of stresses facing the UK economy.
The City regulator is planning a change of rules that could lower the housing costs of thousands of so-called "mortgage prisoners".
Opt in here