Soaring house prices have left many first-time buyers struggling to get on the property ladder. The cost of the average home has jumped by 10.9 per cent to £242,832 in only 12 months, according to Nationwide. It means that even with generous tax breaks and rock-bottom mortgage rates, the reality of home ownership is slipping … Read more
First-time buyers in England could get a home for up to half price after the Government launched a new affordable housing scheme. The scheme is known as First Homes, and the first properties built under it went on the market in the East Midlands market town of Bolsover today. With house prices having surged by … Read more
Families are escaping to the country and coast, while first-time buyers are returning to cities, according to new data on what buyers want as the property market booms. It is the latest evidence of shifts in the buyer behaviour amid the coronavirus pandemic and lockdowns, with families chasing suburban, seaside and village life and first-time … Read more
NASA has officially named first-astronaut Kayla Barron to be the fourth and final member of its upcoming SpaceX Crew-3 mission to the International Space Station (ISS), slated to launch in mid-October. Barron, 33, who entered astronaut candidate school in 2017, will join fellow NASA astronauts Raja Chari and Tom Marshburn on the flight. The three NASA astronauts … Read more
First-time buyers who watched in dismay last year as high loan-to-value mortgages all but disappeared now have something to celebrate By Sarah Bridge, Financial Mail on Sunday Published: 21:51 BST, 15 May 2021 | Updated: 21:51 BST, 15 May 2021 Wannabe first-time buyers who watched in dismay last year as high loan-to-value mortgages all but … Read more
The number of first-time buyers looking to entirely fund their own deposits has rocketed with lockdown savings lessening their reliance on the ‘Bank of Mum and Dad’, new research suggests. More than two in five first-time buyers will put their extra cash to good use by paying their own house deposit in full, compared to … Read more
The number of first-time buyers looking to entirely fund their own deposits has rocketed with lockdown savings lessening their reliance on the ‘Bank of Mum and Dad’, new research suggests. More than two in five first-time buyers will put their extra cash to good use by paying their own house deposit in full, compared to … Read more
Borrowers with 5 per cent deposits now have more than 100 mortgages to choose from, as the mortgage market bounces back. Over mortgage availability in general is back to 75 per cent of pre-pandemic levels, figures show, with rates as low as 1.27 per cent fixed for five years for those with bigger deposits to put … Read more
First-time buyers are more likely to be rejected for a mortgage than they were before the pandemic, a new study has found. Only one in five first-time buyers were able to get a mortgage on their first attempt, according to Aldermore Bank’s annual survey of people who are trying to get on the housing ladder. … Read more
First-time buyers are more likely to be rejected for a mortgage than they were before the pandemic, a new study has found. Only one in five prospective first-time buyers were able to get a mortgage on their first attempt, according to Aldermore Bank’s annual survey of people who have got on the housing ladder. This … Read more