Tag: First time buyers

Generation Rent hits out at Labour’s ‘Freedom to Buy’ initiative

Author: Property118.com Landlord News Team

7th June 2024, 2 years ago | 11

Generation Rent has criticised Labour’s newly announced ‘Freedom to Buy’ initiative which aims to help more than 80,000 young adults...

Rightmove urges politicians to focus on housing affordability and EPC initiatives

Author: Property118.com Landlord News Team

4th June 2024, 2 years ago | 9

Rightmove has outlined a series of urgent priorities it wants to see from the incoming government, including sustainable housing policies...

Flat service charges below £1,000 near ‘extinction’

Author: Property118.com Landlord News Team

7th May 2024, 2 years ago | 0

Flat owners in England and Wales are facing a significant financial burden as service charges continue to climb, a report...

property118

UK house price growth slows down – Nationwide

Author: Property118.com Landlord News Team

1st May 2024, 2 years ago | 0

UK house prices saw a slowdown in annual growth in April of just 0.6%, down from 1.6% in March, Nationwide...

Even with family help, first-time buyers need a £36,000 deposit

Author: Property118.com Landlord News Team

9th April 2024, 2 years ago | 1

First-time buyers in Britain still face a significant financial hurdle despite receiving help from family when it comes to saving...

First-time buyer numbers surge in 2024

Author: Property118.com Landlord News Team

2nd April 2024, 2 years ago | 0

First-time buyers are a driving force in the housing market this year, making up a record one-third (33%) of all...

Yorkshire Building Society launches £5,000 deposit mortgage

Author: Property118.com Landlord News Team

28th March 2024, 2 years ago | 4

Yorkshire Building Society (YBS) has unveiled a groundbreaking £5,000 deposit mortgage specifically designed for first-time buyers. The unique product allows...

Half the council tax tenants pay should be saved for a home deposit – SMF

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 3

In a bid to help tenants save for a deposit to buy a house, half of their council tax payment...

First-time buyers take 15 years to save a deposit

Author: Property118.com Landlord News Team

14th February 2024, 2 years ago | 0

It takes 15 years to save for a 20% house deposit in the UK, amid a turbulent housing market and...

First-time buyers take the lead as house prices set to dip

Author: Property118.com Landlord News Team

2nd February 2024, 2 years ago | 0

House prices in England and Wales look set to fall by 3.6% during the first quarter of 2024, according to...

BTL mortgage products surge while first-time buyers struggle

Author: Property118.com Landlord News Team

31st January 2024, 2 years ago | 1

There’s a growing disparity between the mortgage options for landlords and first-time buyers in the UK with the number of...

property118

More first-time buyers aged over 50 as house prices soar

Author: Property118.com Landlord News Team

30th January 2024, 2 years ago | 0

Many people are delaying their first home purchase until their 50s or beyond, as house prices have rocketed in recent...

Buy to let mortgage inquiries drop by a third

Author: Property118.com Landlord News Team

5th January 2024, 3 years ago | 0

There has been a substantial decline in buy to let mortgage inquiries across the UK for December 2023, data reveals....

High interest rates and inflation hit first-time buyers in 2023

Author: Property118.com Landlord News Team

3rd January 2024, 3 years ago | 0

The number of people buying their first home with a mortgage dropped to its lowest level in 10 years in...

TSB targets renters with first-time buyer mortgages

Author: Property118.com Landlord News Team

29th December 2023, 3 years ago | 0

With many renters in the UK struggling to become homeowners, the TSB has unveiled first-time buyer mortgages to help. The...

Londoners leave capital as affordability challenges impact home purchases

Author: Property118.com Landlord News Team

27th December 2023, 3 years ago | 1

The number of homes bought by Londoners outside the capital fell to their lowest levels in nine years. According to...

Property market ends on a high note with surge in sales – Zoopla

Author: Property118.com Landlord News Team

22nd December 2023, 3 years ago | 0

In a mixed year the property market ends on a high note, Zoopla reports. According to its latest House Price...

Legislation uncertainty causing chaos in PRS, claims industry body

Author: Property118.com Landlord News Team

5th December 2023, 3 years ago | 0

Uncertainty in legislation is causing high rents in the private rented sector, according to a new report. Propertymark’s Housing Insight...

Renting is now cheaper than buying

Author: Property118.com Landlord News Team

22nd August 2023, 3 years ago | 1

Rising mortgage rates mean that renting a home in the UK is now a more cost-effective option than buying a...

The perfect storm for landlords and tenants has arrived

Author: Property118.com Landlord News Team

12th June 2023, 3 years ago | 8

A financial expert is predicting misery for the property market in the months to come with rising interest rates hitting...