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First Time Buyer News

Are you one of those first time buyers that are taking their first big gamble on the mortgage ladder. It doesn't need to be a gamble if you are up to date with the first time buyer news.

Wednesday, 01 June 2011 10:40

Young people facing 'generation rent'

Nearly half of potential homebuyers believe the UK will become a nation of renters within a generation as young people are set to be frozen out of the housing market. A study by Britain's biggest mortgage lender, Halifax, showed that…
According to new research from Moneysupermarket.com the average first time buyer age has reached 38. It also emerged that on average house-hunters cannot afford to buy their first home and only 5 per cent have a sufficient deposit saved. A…
First time buyers are struggling to get on the housing ladder because they are being asked to produce bigger deposits, according to the Council of Mortgage Lenders. The biggest challenge now facing most first-time buyers is the size of the…
 The number of first time buyers rose 13 per cent in February but the figures are still down on the same time last year, according to new information from the Council of Mortgage Lenders (CML). New homeoowners borrowed 12,400 loans worth £1.4billion…
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