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Tag: Mortgage
How will the Government’s Help to Buy scheme work?
Chancellor George Osborne has described the difficulty associated with scraping together funds for a deposit as “a blow to the most human of aspirations”.
2012 mortgage market ends on a high
It’s not all doom and gloom for the UK housing market, according to the Bank of England, as mortgage lending increased towards the end of 2012.
Mortgage lending boosted by Funding for Lending
The Bank of England’s £80bn Funding for Lending Scheme (FLS), which gives lenders access to cheaper finance, helped mortgage lending reach an 11-month high in October.
Mortgage availability increase over summer
Mortgage lending overcame gloomy forecasts for little change, with the overall availability of secured credit to households rising “significantly” over the summer months.
Mortgage lending falls by 4% in August
Mortgage lending conditions remained tight in August, despite the launch of the government’s Funding for Lending scheme, designed to offer low-cost finance to banks on the provision that they pass these savings on to customers.
Mortgage deposits fall below 20% for FTBs
Mortgage deposits for first time buyers dropped below 20% for the first time in more than three years, according to new figures.
How first time buyers can get on to the property ladder
Owning a property is a dream for many. However, the reality is a lot different and many potential first time buyers are left in limbo. A growing number of wannabe homeowners are stuck and can’t seem to find a way to … Continue reading
House prices fall in first quarter
The UK’s housing market may be on the decline once again, as figures from the Land Registry showed a 0.6% slump in March property prices.
