The property website said 64% of parents have helped their children buy their first home, with 24% of parents say their children would never have been able to afford to buy a property on their own.
These changes follow on from its launch of two new simplified indication calculators and a lower stress rate of 4.5% for five-year products.
Alongside the new launches, NatWest is making swathes of rate changes.
Accord Mortgages has enhanced its buy-to-let criteria, removing the need for landlords to have a minimum background income of £25,000.
Deposit Unlock, the new mortgage scheme that allows new build buyers to purchase with a 5% deposit, launches nationally today with 17 major builders after a successful regional pilot.
Recent research from Kensington Mortgages reveals that 83% of homeowners and renters would consider a long-term fixed rate mortgage.
“As a result, some rates have gone down, and some up, as we adjust our range of residential mortgages to reflect the ever-changing market.”
Bridging Trends contributors reported a total of £190.24m in bridging loans transacted in the third quarter of the year.
After four consecutive months of falls, both the overall average two and five-year fixed rates rose by 0.04% month-on-month, to 2.29% and 2.59% respectively.
All of the products offered by Furness – available exclusively through BuildLoan – provide self and custom builders with a pre-agreed schedule of funding throughout the build designed to meet customers’ build costs as they arise.