The number of first time buyers rose by just under a quarter in November, according to figures from Your Move and Reeds Rains. In November 2015 31,300 transactions on properties were made by first time purchasers. This is roughly 6,000 Read more…

Banks and building societies have spoken out that the red tape surrounding the mortgage sector, protecting customers, is in fact making it a lot harder for middle aged people and online applicants to get a mortgage themselves. The Council of Read more…

House prices are up, and are apparently set to carry on climbing throughout the near future, making it more difficult than ever for first time buyers to get on the property ladder. Statistics from the Office of National Statistics have Read more…

Average house prices took a dip between October and November of 2015, with the cost coming down by £380. However, over the year up until November, the prices increased by a huge amount. The small price drop over the month Read more…

The government has finally launched its much anticipated Help to Buy ISA, which sees the government contribute to first-time buyers’ savings so they can buy a house. For first-time buyers, affording a deposit in the first place is the main Read more…

In order to help borrowers find the cheapest deal, building societies and banks will simplify mortgage information, pledging to get rid of confusing terminology. Which? and the Council of Mortgage Lenders (CML) have launched a new tariff together which explains Read more…

Figures from Connells Survey and Valuation have shown that the number of remortgage valuations has risen 53 per cent from October 2014 to October 2015, despite the traditional seasonal fall seeing a fall of 21 per cent compared to September. Read more…

New figures by MoneySavingExpert indicate that first-time buyers looking to get a mortgage could face fees and taxes of up to £6,000 when buying a house. Although many prospective buyers make saving enough money to afford a deposit as their Read more…

The largest mortgage lender in the country, Halifax, has revealed that UK house prices experienced a growth increase in October. Prices in October rose at an annual pace of 9.7 per cent, rising from the 8.6 per cent recorded for Read more…

A lack of homes available on the market has been blamed for causing the number of mortgage approvals to fall to a four-month low in September. The number of mortgages fell from 46,567 approved in August to 44,489 approved in Read more…