A new study suggests that slowing property price growth is increasingly helping first-time buyers realise their home-owning dreams.
First-time buyers take a greater share of the mortgage market, study suggests
First-time buyers and other small deposit borrowers accounted for almost a quarter (22.4 per cent) of the UK’s total mortgage lending in May 2018, up from 20.2 per cent the previous month, a new report reveals.
Mortgage approvals “remain steady”
The latest official data from the Bank of England (BoE) reveals that mortgage approvals held steady in April, as homebuyers rushed to secure attractive deals ahead of an anticipated interest rate increase.
Property price growth has skyrocketed over past 23 years, study reveals
A new study into property wealth across the UK suggests that British homes have risen in value by an average of £7,000 per year since 1995.
Property Ombudsman’s report highlights increase in complaints
Complaints to The Property Ombudsman (TPO) increased by 3 per cent in 2017. That is according to the findings of its annual report.