First-time buyers

West Brom cuts shared ownership mortgage rates

West Brom Building Society has reduced selected shared ownership mortgage rates by up to...

First-time buyers delaying major life decisions to save for a home

Many aspiring homeowners are postponing key life milestones and enduring workplace and relationship pressures...

First-time buyers wait six years to buy as lifestyle priorities reshape purchasing decisions

First-time buyers are spending an average of six years saving for a deposit as...

Leeds BS cuts residential mortgage rates by up to 0.32%

Leeds Building Society has reduced rates across its mainstream residential mortgage range by up...

HSBC cuts rates across residential and buy-to-let mortgage ranges

HSBC UK is reducing rates across a broad selection of residential and buy-to-let mortgage...

NHS workers priced out as affordability gap widens

Many NHS workers are being priced out of homeownership with average first-time buyer properties...

First-time buyer affordability hotspots revealed

Grimsby, Greenock and Burnley are among the most accessible locations for first-time buyers, according...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let rates by up to 0.12%. The...

Halifax and Lloyds cut mortgage rates by up to 14bps across purchase and remortgage ranges

Halifax and Lloyds Bank have reduced rates across a range of first-time buyer, home...

Paradigm calls for mandatory advice for first-time buyers

Paradigm Mortgage Services has called for mandatory regulated mortgage advice for all first-time buyers,...

Lenders urged to do more as purchase market slows

High street lenders - including TSB, Lloyds, Santander, and NatWest - have all been...

Bailey signals Bank Rate hold as Iran conflict clouds outlook

Bank of England Governor Andrew Bailey has signalled that interest rate cuts are likely...

West Brom lends more than £1bn as first-time buyers dominate new homebuyer loans

West Brom Building Society completed more than £1 billion of new homeownership lending in...

TPFG sees landlord compliance opportunity from RRA

The Property Franchise Group (TPFG) says the introduction of the Renters’ Rights Act (RRA)...

COMMENT

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

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