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

 

31-Jan-2011
A new survey has shown the majority of Britons regard home ownership as a sign of a good standard of living, although the proportion is lower for younger people.
31-Jan-2011
First-time buyers have seen house prices soar nearly 100 per cent in the last ten years, according to a new survey.
28-Jan-2011
An expert has said 2011 will not see major house price falls, while it will be a little early for first time buyers to enjoy the benefits of changes to their segment of the market.
28-Jan-2011
An expert has said the drop in mortgage approvals last year was in no way a reflection of the actual demand, but a result of tighter lending policies by banks.
27-Jan-2011
Support has risen among the people who set the Bank of England base rate for an increase in the figure from 0.5 per cent, it has been revealed.
27-Jan-2011
New figures have indicated December 2010 saw a new fall in mortgages for house purchase, while home loans were down in number during the year as a whole.
26-Jan-2011
Experts have concluded the Bank of England will not now raise interest rates in the months ahead, due to the news of a contraction in the UK economy at the end of last year.
24-Jan-2011
The number and cost of mortgage fees have both soared since the start of the financial crisis, new research has found.
20-Jan-2011
The prospects of a base rate rise is growing due to persistent inflation, it has been noted by experts.
18-Jan-2011
A property expert has warned there are dangers involved in a plan to involve the parents of first time buyers in a loan deal to help them get on the ladder.
17-Jan-2011
A new 90 per cent loan-to-value deal from Halifax is worth considering despite the 5.79 per cent interest rate, an expert has suggested.
13-Jan-2011
A housing industry specialist has said government action to clarify planning laws is needed to increase the number of homes being built, as a logjam of construction would harm first time buyers.
12-Jan-2011
An expert has said short-term fixed-rate mortgages are not worth having and borrowers should look for the security of longer periods.
10-Jan-2011
New figures have indicated a further fall in house prices in the last quarter of 2010.
07-Jan-2011
The acknowledgement by housing minister Grant Shapps that rising house prices are bad news for first time buyers has been welcomed.
06-Jan-2011
A housing industry expert has called on a minister to resist proposals that may reduce the chances of first time buyers getting on the property ladder.
04-Jan-2011
House prices barely changed at all in 2010, it has been noted.

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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