Mortgage & Property Advice Centre for First Time Home Buyers

 

28-Dec-2007
The latest index from Nationwide has revealed that house prices fell by 0.5 per cent in December, the second consecutive monthly drop, but the lender has urged caution with regard to prospects for future rate cuts.
27-Dec-2007
Just one in five Britons believe that the price of the average home will rise in 2008, according to a new survey by Thisismoney.co.uk.
24-Dec-2007
The annual Halifax First Time Buyer Review has revealed that there were just 300,000 first time buyers purchasing properties of their own in 2007 - the lowest figure since 1980.
21-Dec-2007
Moneysupermarket.com has said that first time buyers and other borrowers may not be enjoying the effects of the recent interest rate cut due to lenders not passing on the 0.25 per cent drop.
20-Dec-2007
First-time buyers could hit back against buy to let investors in the coming months as the market begins to turn, one property portal has suggested.
19-Dec-2007
Mortgage broker John Charcol has said that a variety of factors are likely to provide first time buyers with a more favourable market in 2008.
18-Dec-2007
New buyers looking for the best first mortgage in the new year could benefit from lower interest rates following the publication of better-than-expected inflation figures, analysts have speculated.
14-Dec-2007
The rollout of Home information packs (Hips) ends today as the packs become a mandatory part of the home-selling process for properties with one and two bedrooms.
13-Dec-2007
The Council of Mortgage Lenders (CML) has released its latest lending figures for October, showing mixed fortunes for first time buyers attempting to deal with the housing slowdown.
13-Dec-2007
The combination of falling prices, lower interest rates and buyer uncertainty will contribute to an uneasy market that will nevertheless offer opportunities in 2008, the Council of Mortgage Lenders (CML) has said.
13-Dec-2007
First time buyers believe that a cut in interest rates would be less valuable to them rather than a Christmas present in the shape of money towards a deposit on a new home, a new study has found.
10-Dec-2007
First-time buyers are so desperate to own their own home that they are turning to an unlikely source - Facebook.
07-Dec-2007
Savills has said that first time buyers should be careful not to get carried away with the current market slowdown, warning that there remain many barriers to entry within the market.
07-Dec-2007
First time buyers are avoiding spending money not only on luxuries but also essentials in their quest to buy a property, a new study has found.
06-Dec-2007
The Bank of England has announced that interest rates have been cut to 5.5 per cent for December, giving first time buyers something of an early Christmas present.
05-Dec-2007
First time buyer schemes which focus on reducing monthly mortgage repayments are failing to realise that it is the deposit causing the most problems, according to the Building Societies Association (BSA).
04-Dec-2007
Long-term fixes could prove to be the best first mortgage for many new buyers, but only if the government alters the way in which such deals are marketed, the Council of Mortgage Lenders (CML) has said.
04-Dec-2007
Despite four in five Britons now acknowledging that the shortage of affordable housing around the UK is now a "very important" national issue, many are still under the impression that ways of solving the crisis may have an overly negative effect on the countryside.

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Is owning your own home still the be-all and end-a

Is it better to own your home rather than to rent?

yes
no

Is buying your first home more about making money than investing in your long term future?

yes
no

Do you worry about buying your first home and its value dropping?

yes
no

Could the government do more to help first time buyers?

yes
no

Do you think you are doing everything you can to get a decent deposit together?

yes
no, I could do more

Is it likely when you come to buy, that your parents will be helping you with the deposit or your mortgage?

yes
no, not at all