First Time Buyers

April 2015

High Street banks say mortgage approvals are trending upwards

By |April 29th, 2015|

According to the BBC News UK’s High Street banks have said, after a slow start to the year the number of mortgages being approved is now ” trending upwards”
Figures shown from the British Bankers Association show that 38,751 house- purchase mortgages were offered in March, this was up from 37,453 in February. These figures show […]

Gross mortgage lending grows in March

By |April 27th, 2015|

Mortgage Solutions have said that according to The Council of Mortgage Lenders estimates that gross mortgage lending reached £16.5 billion in March. This is a 21% rise on February at £13.6 billion and 7% higher than last year.
According to the lastest data from the CML , housing activity is back on track Brian Murphy said, […]

The best buy-to-let mortgage rates to build your property portfolio or cut your costs

By |April 23rd, 2015|

According to This Is Money landlords are benefiting from both increased choice and some of the best ever buy-to-let mortgage rates on the market. This is making it even easier to help build your property portfolio. If you wish to start up your own property portfolio however would like to seek independent financial advice on […]

Average Help to Buy 2 deposit rises again

By |April 22nd, 2015|

According to Mortgage Strategy the Mortgage Advice Bureau said that the average deposit for house purchases that are using the Help to Buy mortgage guarantee scheme reached a 10-month high in February.
Figures have shown that buyers using the scheme put forward an average deposit of £9,936, this was up 9.2 per cent from £9,099 in […]

March 2015

First-time buyer fortunes improve in February

By |March 31st, 2015|

According to Financial Adviser new data has revealed that sales to first-time buyers reached their highest point in February since September 2014.
They have said that according to the National Association of Estate Agents, 30% of house sales in February were down to first-time buyers. Data has shown that First-time buyers have not reached higher than […]

Mortgage approvals hit six-month high

By |March 30th, 2015|

According to The Mortgage  Solutions the number of approvals for home purchases reached a six-month high in February, with authorized mortgages rising at a steady rate month by month according to the Bank of England data.
The Bank of England latest statistics showed that house purchase mortgage approvals reached 61,760 in February , compared to a […]

Mortgage lending comeback indicates property market pick-up

By |March 26th, 2015|

According to This is Money the number of mortgage approvals for homebuyers rose for a successive month in February to hit a five month high, which figures showed yesterday, in a further indication that activity in the UK housing market is slowly picking up.
This is Money have said the lending numbers from the British Bankers’ […]

Isas and savings: Budget 2015 everything you need to know

By |March 19th, 2015|

According to The Telegraph The Chancellor has announced that Isas will become more flexible, and savers will not be taxed on the first £1,000 interest they earn

• Yesterday the Chancellor announced that from April 2016 a new  “personal savings allowance” will reward savers by not taxing […]

Budget 2015: Osborne unveils Help to Buy ISA plans

By |March 19th, 2015|

 Mortgage Solutions have announced that George Osborne has announced the launch of a Help to Buy ISA for first-time buyers to help them tackle the challenges of low interest rates on savings and high deposits required by banks.

In the 2015 Budget, the Chancellor pledged that for every £200 homebuyers save for a deposit the government […]

First-time buyers have more mortgage choice!

By |March 17th, 2015|

According to Money facts you could notice a shift in focus in the mortgage market over the last two years. Where it would once have been almost impossible to get a mortgage if you didn’t have a sizeable deposit, now you can easily get one with a deposit of just 5% – in fact, these mortgages […]