Latest mortgage news - First Time Buyers
First time buyers pay more for a home as house prices rise, says ONS
Data released from the ONS shows the cost of buying a home for first time buyers has increased by 11% over the year.
First time buyers at highest level since 2007 according to Halifax
The number of first time buyers is 22% up and a seven year high, says the Halifax and helped by high loan to value mortgages.
Mortgage lending continues to slow - latest data from CML
The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.
House prices rise ahead of inflation although the market is cooling
Data from the Office of National Statistics (ONS) shows house prices outstripping inflation even though the market is off the recent peak.
First time buyers under age 40 are offered 20% discount on new build homes
New scheme launched by Prime Minister offers 100,000 new build homes to first time buyers with 20% discount but affordable homes suffer.
Stamp duty changes could help house sales to increase this year
The stamp duty reforms introduced by the chancellor George Osborne are expected to boost house sales by 2-5% says Rics.
First time buyer mortgage lending falls as London house prices expected to stall
New CML data shows a dip in mortgage lending to first time buyers as Savills predicts house prices in London to stall next year.
Bank of England wants new powers for mortgage lending in the housing market
New powers would allow Bank of England to limit loan-to-value percentages on mortgages to prevent a housing bubble.
Mortgage lending limits begin as first time buyers offered discount new build homes
The Bank of England to cool home loan market by limiting the number of people borrowing four and a half times their income.
London house price average over £500,000 as sales of £1m homes expected to rise
The Office of National Statistics (ONS) has released data showing London average house prices are over £500,000 for the first time.
First time buyers require ten times higher deposit than buying in the 1980s
National Housing Federation (NHF) says first time buyers now need 10 times the deposit when compared to buying in the early 1980s.
UK house price rise starts to slow as demand for Help to Buy may have peaked
Demand for Help to Buy may be reaching a peak after data shows that house price growth is slowing and even decreasing.
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