Tag Archives: first time buyers
Interest only mortgage loans in UK could be facing multi billion pound shortfall
Home owners in the UK are facing a £6.1 billion mortgage repayment shortfall in the next decade with 27% of those with interest only loans not able to pay it back, new research suggests. More than a million interest-only mortgages will mature over the next 10 years but more than a quarter of households won’t […] The post Interest only mortgage loans in UK could be facing multi billion pound shortfall appeared first on PropertyWire . Continue reading →
UK property market has not suffered Brexit doom, says new analysis
The number of properties on the market in the UK has increased since the decision to leave the European Union vote but the proportion sold has decreased, new research shows. But the market is alive and active and has not been hit by the doom and gloom predicted in the run up to the historic […] The post UK property market has not suffered Brexit doom, says new analysis appeared first on PropertyWire . Continue reading →
House price growth putting homes out of reach of first time buyers
The number of locations in England where first time buyers using the Government’s flagship Help to Buy scheme can afford to get on the housing ladder is falling due to house price growth. A new Help to Buy Isa savings product was launched last year with the aim of helping even more first time buyers […] The post House price growth putting homes out of reach of first time buyers appeared first on PropertyWire . Continue reading →
