Recent figures have suggested that the level of first time buyers in the UK have fallen to the lowest in the period of a year. The National Association of Estate Agents has stated that the number of first time buyers entering the property market has fallen to the lowest level this year, and is in fact at its lowest since November of 2008. (more…)
Tags: first time buyers, first time buyer mortgagesEarlier this month struggling first time buyers in the UK received some good news after Abbey, which is owned by Spanish bank Santander, accounted that it was scrapping the legal fees on some of its mortgage loans. (more…)
Tags: first time buyers, mortgages, first time buyer mortgagesBuying your first home is an exciting, yet daunting experience. It is likely that this purchase is the biggest financial commitment you will ever make in your life and the prospect of taking out a loan that will take you about 25 years to repay is something that could keep you awake at night. (more…)
Tags: mortgages, first time buyers, first time buyer mortgages, first time buyers tipsIt has been suggested that first time buyers could finally see some light at the end of the tunnel this summer, as there may be mortgages available that do not demand impossibly high deposits from borrowers. (more…)
Tags: first time buyers, first time buyer mortgages, mortgagesWhen the real estate market started to show signs of decline in 2007, the first step taken by lenders was to tighten the lending restrictions for first time home buyers making it more difficult for them to obtain a mortgage. (more…)
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