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.
Average mortgage rates begin to rise: Moneyfacts
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.
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%.
Equity release lending on track to hit £4bn this year: ERC
A total of 19,300 new and returning customers used equity release between July and September, which is close to pre-pandemic levels.
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.
Stamp Duty Holiday slammed for not helping “levelling up”
The Guardian has sharply criticised Chancellor Rishi Sunak for introducing and then extending the stamp duty holiday.
Mortgage borrowing hits record high of £17.9bn in June: BoE
Net mortgage borrowing reached a record high of £17.9 billion in June, just before the lower stamp duty rates began to taper off from July.
Equity release numbers return to pre-pandemic levels: ERC
The number of borrowers releasing equity from their homes has neared pre-pandemic levels in the second quarter of this year.
2021 mortgage lending predicted to hit 14-year high of £285bn
In January, IMLA predicted a rise in gross mortgage lending to £283 billion in 2021, with a swift return to household spending as Covid-19 lockdown restrictions were eased.