A new survey claims to have revealed the average mortgage deposit Britons must be able to save up in order to purchase their first home.
Landlords reap bumper gains from property sales
A new study suggests that the average UK landlord who sold off a rental property in 2017 made almost £87,000 in profit.
Mortgage approvals hit six month high
New data from the Bank of England (BoE) has revealed that mortgage approvals hit a new high in January, with a total of 67,478 loans approved – the highest figure on record since July 2017.
Mortgage approvals up for ‘small deposit’ homebuyers
New data suggests that mortgage approvals for homebuyers with small deposits rose significantly towards the end of last year, as first-time buyers moved to secure their place on the property ladder following an historic Stamp Duty Land Tax (SDLT) cut.
Surge in first-time buyers after Stamp Duty cut
According to a recent study, the number of mortgaged first-time buyers in the UK rose to 365,000 in 2017, the highest level seen in more than a decade, with the rise being attributed largely to November’s Stamp Duty Land Tax (SDLT) cut.