Mortgage Advice for First Time Buyers, First Time Buyer Mortgages and First Mortgage Advice

 

27-Aug-2010
First-time buyers might be keen to purchase new homes, as one expert reveals enquiries are up 50 per cent.
24-Aug-2010
First-time buyer activity may drop in the second half of 2010.
23-Aug-2010
First mortgage deals may be easier to secure, as total house purchase loans increased by five per cent during July.
19-Aug-2010
Shared equity mortgages may have risen recently, as the CML reveals total home purchase loans increased by five per cent in July.
18-Aug-2010
First-time buyers are struggling as much, if not more, than home movers, due to problems raising capital, it has been claimed.
17-Aug-2010
First-time buyer mortgages are being launched at cheaper rates, but first-time buyers may not benefit from the low loan-to-value offers.
16-Aug-2010
A first-time buyer mortgage from the Post Office may offer good rates as the group cuts its charges in a bid to attract business.
13-Aug-2010
First-time buyer mortgages increased by 20 per cent during June and now might be a good time for people to join the market.
12-Aug-2010
Fixed-rate joint mortgages might be popular with first-time buyers, as many banks are lowering their charges.
11-Aug-2010
First-time buyer mortgages with fixed rates might be popular, as the house purchase loans made up 48 per cent of the market in June.
10-Aug-2010
First mortgages might become cheaper as Rics announces house prices fell for the first time in a year.
09-Aug-2010
First-time buyer advice could point purchasers northwards, as property has appreciated most in this region over the last decade.
06-Aug-2010
First-time buyers had fewer options for purchasing a new home in recent years, it was stated.
05-Aug-2010
Shared ownership could be an affordable option, as interest rates are predicted to remain low.
05-Aug-2010
First-time buyer mortgages could cost borrowers up to £6,000 more if they try to pay off a fixed-rate loan before the pre-agreed time period is completed.
04-Aug-2010
Shared ownership could be an affordable option, as interest rates are predicted to remain low.
03-Aug-2010
Shared equity mortgages may be more common in the near future as experts predict a 7.2 per cent net increase in house purchase loans.
02-Aug-2010
First-time buyers could find mortgages from direct providers cheaper than deals from brokers, according to new research.

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There's alot going on! What do you think?

Interest rates are low but could rise? Is this a good time to buy?

Yes
No

Varialbe rate mortgages go up if bank interest rates do. Which is your preference?

Fixed Rate
Variable rate

Interest only mortgages are cheaper but in the end you don't end up owning the property. Which is better?

Interest Only
Repayment

House prices are waivering. Do you think this is a good time to buy?

Yes
No

Shared equity mortgages allow you to buy a new home with 5% deposit and an equity loan through FirstBuy. What do you think?

Too complicated
Too expensive
Too risky

Rent to buy allows you to peg a property price, save towards a deposit and pay reduced rent. What do you think?

Works best in a rising market
Too complicated
Good option