Topic: First-time buyer
First-time Buyer
First-time buyers compromising to get on the ladder, with 80% moving back home to save
Conveyancing
Conveyancing the top stressor for half of homebuyers
Stamp Duty
Stamp duty bills rise by 21% in H1
First-time Buyer
Nearly half of first-time buyers now need 90%+ mortgages
Lloyds
Lloyds sets aside extra £4bn for high-LTI mortgage lending
Yorkshire BS
YBS and Accord enhance high-LTI offering following limit changes
Nationwide
Nationwide expands 6x LTI first-time buyer mortgage range after regulator relaxes rules
Blogs
Patrick Bamford: Why the FCA's ‘enhanced advice’ proposals will not deliver truly holistic mortgage advice
Pepper Money
Pepper Money launches new 90% LTV mortgage range
Renting
Renters could miss out on nearly £340,000 by not buying a home: MAB
First-time Buyer
First-time buyer LTVs rising as rental costs wipe out deposit savings
Leeds Building Society
Leeds Building Society alters borrower affordability assessments
Mortgages
Softened stress tests replacing stamp duty as "fuel for first-time buyer boom"
Blogs
Patrick Bamford: Growing 100% LTV offering is acting as a catalyst for wider borrowing activity
Stamp Duty
Mortgage completions surge 68% in Q1: UK Finance
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Budget
Budget: Government introduces mansion tax on high-value homes
Budget
Budget: Government introduces £2,000 salary sacrifice cap
Lifetime Isa
Budget: Lifetime ISA to be scrapped in favour of new first-time buyer ISA
Budget
Budget: Property income tax to rise by 2%
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%