Topic: First-time buyer
Mortgages
Lowest proportion of first-time buyers in the market since May 2020
First-time Buyer
70% of first-time buyers willing to compromise to own their own home
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This week's biggest stories:
MPowered Mortgages
MPowered closes to new business amid potential sale
FCA
FCA bans and fines adviser £100,000
FCA
New FCA redress scheme to cost lenders £11bn
The Mortgage Lender
The Mortgage Lender cuts buy-to-let rates and adds new cashback incentive
New Build
Barclays and TSB partner with housebuilders to launch new 5% deposit homeownership scheme
Santander
Santander reduces mortgage rates by up to 0.36% and launches new large loans
