FTBs set for Christmas family deposits: Zoopla
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.
Accord to accept first-time landlords and remove minimum income in BTL revamp
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 mortgage scheme launches nationally
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.
Platform increases rates by up to 44 bps in reprice
Within the lender’s new business range it is making several changes.
Mortgage prices rising ahead of potential bank rate hike
Lenders who have brought in increases recently include NatWest, Nationwide, and TSB, just today.
TSB makes rate adjustments; ups some FTB prices
For first-time buyers (FTB), the most significant rise takes place at 85% LTV, where the two-year fix with £995 fee has moved from 1.39% to 1.79%.
Newcastle Intermediaries boosts large loan range, cuts fees
Newcastle Intermediaries has boosted its large loan products with the launch of new two-year fixed rate products.
FTB affordability improves 20% since start of year: MBT
The average maximum loan size available to first-time buyers was £276,060 in September, up from £230,555 in January.
TSB makes massive cuts of up to 100 bps
Substantial reductions have been made to the first-time buyer and remortgage deals.
HSBC cuts rates on high LTV products
“These changes really put a focus on higher LTV customers, with our new lower rates available to those looking to purchase, remortgage or switch rates."