Deposits
More than 5.5 million British people believe they will never own a home
Over 5.5 million British people think that they will never be able to own a home due to rising prices and the cost of saving for a deposit to get on the housing ladder, new research suggests. Some 33% of those who do not own a home believe they will never do so and 39% […] The post More than 5.5 million British people believe they will never own a home appeared first on PropertyWire . Continue reading →
Flagship Help to Buy schemes continue to be popular in UK
More than 185,000 people in the UK have been able to buy a new home using the Government’s flagship set of Help to Buy schemes, the latest quarterly statistics show. Of these over 150,000 or 81% have been first time buyers with the average house price for purchases with support from Help to Buy schemes […] The post Flagship Help to Buy schemes continue to be popular in UK appeared first on PropertyWire . Continue reading →
Passing on full interest rate cut would make UK homes more affordable, research points out
First time buyers in London could save up to £518 a year on mortgage payments and up to £244 in England and Wales, if the latest rate cut was passed in fully by lenders, new research has found. A full transfer of the Bank of England’s 0.25% rate cut would bring the mortgage rate down […] The post Passing on full interest rate cut would make UK homes more affordable, research points out appeared first on PropertyWire . Continue reading →