Mortgage & Property Advice Centre for First Time Home Buyers

 

26-Sep-2007
A calm appears to be emerging out of the storm of this summer's interest rate rises and still-ongoing credit crunch, as a number of lenders lower prices on their fixed-rate deals.

25-Sep-2007
Gordon Brown has used the occasion of his first Labour party conference as prime minister to announce a doubling in the number of eco-towns planned for the UK over the next few years.

21-Sep-2007
Britons looking to buy their first home in the north-east are struggling with record house prices and decreasing affordability, a new study has found.
20-Sep-2007
A new 125 per cent loan-to-value mortgage launched by Abbey today has been labelled a "lifeline" for first time buyers, but experts have nonetheless been at pains to point out the risks involved.
20-Sep-2007
More Britons are unsatisfied with their new properties as a result of fears first brought on by estate agent practices, AA Home Insurance has suggested.
20-Sep-2007
A new 125 per cent loan-to-value mortgage launched by Abbey today has been labelled a "lifeline" for first time buyers, but experts have nonetheless been at pains to point out the risks involved.
20-Sep-2007
First time buyers risk paying out a collective £290 million in preparing to buy a property that is then whisked away from them by another interested party, it has been claimed.
19-Sep-2007
First time buyers and other new homeowners can expect to pay the equivalent of 30 per cent of their own income for the first 12 months after moving into a new property, it has been claimed.
19-Sep-2007
First time buyers could see their difficulties in affording a mortgage abate somewhat in the coming months following the release of the latest economic indicators.
19-Sep-2007
First time buyers and other new homeowners can expect to pay the equivalent of 30 per cent of their own income for the first 12 months after moving into a new property, it has been claimed.
18-Sep-2007
Ken Livingstone has revealed plans aimed at helping first time buyers in London who are struggling to cope with the capital's sky-high property prices.
18-Sep-2007
Ken Livingstone has revealed plans aimed at helping first time buyers in London who are struggling to cope with the capital's sky-high property prices.
18-Sep-2007
The housing market stands a one in ten chance of crashing over the course of the next year, the Royal Institution of Chartered Surveyors (Rics) has said, potentially leading more first time buyers to wait before moving onto the property ladder.
18-Sep-2007
First time buyers looking to purchase property with a loved one, friend or fellow investor are being given a helping hand courtesy of a sharers evening organised by Kennet Island developers.
18-Sep-2007
A new report investigating reasons for house purchase has gone some way to dispelling the theory that many first time buyers buy simply for reasons of investment.
17-Sep-2007
First time buyers with no experience of the property market are still nervous about arranging their mortgages online, it has been suggested, despite the practice growing in popularity.
17-Sep-2007
First time buyers' market share fell by over three percentage points year-on-year in August, the National Association of Estate Agents (NAEA) has said, but a period of prolonged stability could see more return to market shortly.
17-Sep-2007
First time buyers with no experience of the property market are still nervous about arranging their mortgages online, it has been suggested, despite the practice growing in popularity.
17-Sep-2007
First time buyers' market share fell by over three percentage points year-on-year in August, the National Association of Estate Agents (NAEA) has said, but a period of prolonged stability could see more return to market shortly.
17-Sep-2007
First time buyers have been warned that lenders tightening up their policies may be less willing to extend cheap credit in future.
17-Sep-2007
The average price of a home fell by 2.6 per cent in September, Rightmove has said, raising speculation that more first time buyers may now be able to purchase a property.
14-Sep-2007
First time buyers are facing up to higher mortgage costs after major lenders raised their rates in response to the US sub-prime crisis.
14-Sep-2007
First time buyers who cannot afford to live in the centre of London will help fuel the rise in prosperity already being seen in East London due to the forthcoming arrival of the Olympics, one estate agency has said.
14-Sep-2007
First time buyers struggling to buy property have received a major boost in the form of a £500 million funding initiative unveiled by the government today.
14-Sep-2007
Scottish singletons are now buying more homes than families or couples for the first time, a new study has revealed.
13-Sep-2007
House prices fell last month for the first time in almost two years, the Royal Institution of Chartered Surveyors (Rics) has said, but the organisation advised that this may well be because first time buyers themselves are increasingly being priced out of the market.
12-Sep-2007
The housing market has brought misery to large portions of the British public, in part because of successive governments' failure to address issues of land supply, one leading economist has claimed.
12-Sep-2007
Abbey has announced that it has raised interest rates tracker mortgages for new customers by between 0.1 per cent and 0.2 per cent, in a move that signals the start of an expected across-the-board series of increases from lenders.
12-Sep-2007
A new way to get onto the housing ladder has opened up to first time buyers following housing developer Redrow's announcement that it is launching a new mortgage product aimed at those looking to buy a home with a friend.
11-Sep-2007
A record number of Britons are seeking advice over debt-related problems, Citizens Advice has revealed, with first time buyers likely to be among those most severely affected.
11-Sep-2007
First time buyers took out a loan worth an average of 3.39 times their salary in July, the Council of Mortgage Lenders (CML) has revealed, with the organisation adding that the number of first time buyers coming to market fell sharply.
11-Sep-2007
Uncertainty over the future movements of both interest rates and house prices has led to more first time buyers delaying in their decision to buy a home in order to wait for surer market trends to develop, a new study shows.
10-Sep-2007
First time buyers saw price inflation increase again in July, figures from the Department for Communities and Local Government (DCLG) have shown, but the Royal Institution of Chartered Surveyors (Rics) has suggested that this is not the full story.
10-Sep-2007
The government's Home information pack (Hip) scheme has today been extended to homes with three bedrooms or more and has continued to court controversy as industry organisations decry the effects the packs are having on the housing market.
10-Sep-2007
An increasingly large number of first time buyers are looking to renovate their homes in order to boost the value of their property and then cash in on such improvements, Halifax has suggested.
07-Sep-2007
The latest house price index from the Financial Times and Acadametrics has found that house price growth stood at just 0.5 per cent in August, up slightly from a 0.3 per cent figure seen in July but still below previous levels.
07-Sep-2007
First time buyers are heading back to the property market, buoyed by slower house price growth and the feeling that interest rates will not rise much further, research from Spicerhaart Financial Services shows.
07-Sep-2007
Older generations are becoming increasingly concerned about their grandchildren's ability to purchase a home, new research shows, with one in nine saying they were worried about their own children's ability to provide for first time buyers.
06-Sep-2007
A new study from Yorkshire Bank has revealed that almost a third of all first time buyers are prepared to compromise on location when it comes to buying their first home.
06-Sep-2007
Interest rates will remain at 5.75 per cent for September, the Bank of England has announced, in a move which some analysts are seeing as a sign that first time buyers and other borrowers could now be in for a prolonged period of stability.
06-Sep-2007
House prices have risen by 180 per cent over the past decade despite wages rising by just 43 per cent, the Trades Union Congress (TUC) has said, highlighting the problem faced by today's first time buyers.
05-Sep-2007
First time buyers are facing near-record levels of financial difficulty in buying their first home, the Royal Institution of Chartered Surveyors (Rics) has said, though the organisation has added that such problems could soon ease.
05-Sep-2007
First time buyers in the south of England are still finding things more difficult than those in the north when it comes to buying a home, a new study from Abbey has found.
05-Sep-2007
First time buyers in the south of England are still finding things more difficult than those in the north when it comes to buying a home, a new study from Abbey has found.
05-Sep-2007
House price growth eased off in August as the number of first time buyers keen to enter the housing market fell for the eighth consecutive month, Halifax has advised.
04-Sep-2007
The number of first time buyers entering the property market fell over the past quarter, but is expected to pick up again as prices continue to stabilise and interest rate confidence rises, the Haart estate agency has revealed.
04-Sep-2007
Money issues are the biggest concern for almost a fifth of all Britons, according to Alliance & Leicester, with the cost of a first home likely to be among the most significant aspects of financial expenditure.
04-Sep-2007
First time buyers looking for an affordable home but not wanting to compromise on quality of life should look to Beverley in Yorkshire, the Royal Bank of Scotland (RBS) has advised.
03-Sep-2007
The increasing tendency for Britons to view their homes as investments and a desire to renovate them accordingly could have serious consequences for the housing market, not least first time buyers, a new study has suggested.
03-Sep-2007
A leading industry figure has said that the buy-to-let boom is coming to an end because of rising rents and lower yields, potentially paving the way for more first time buyers to succeed in their property-purchasing aims.

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20 second poll - How optimistic are you?

Are properties in your area more expensive than they were a year ago?

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Would you ideally like to be able to buy your first home now?

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