First-time buyers face bigger deposits

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• Possible lower deposits for first time buyers
It has been claimed that many first time buyers could find that they are able to get mortgages with lower deposits over the course of this summer, following a turbulent period where lenders have been
• More lenders starting to look at lower deposits
Over the past couple of years things have been very difficult for first time buyers, and one of the things that has really affected the abilities of first time buyers to get onto the property
• First-time buyers “struggling” to get mortgages
People looking to secure funding to get onto the property ladder are more likely to have difficulties than those in more established jobs and who have bigger deposits to put down, according to Cobalt Capital
• Lenders consider lower deposits from borrowers
A number of recent reports have suggested that some lenders in the UK are now considering lower deposits from first time buyers. This comes after a particularly difficult couple of years where many first time
• First-time buyers taking risks
First-time buyers are prepared to take bigger financial risks to get on the property ladder as house prices continue to rise.As the third interest rate rise in five months looks set to have just a
• Problems in housing market for younger Scots
It has been claimed that in the current financial climate many younger Scots are suffering problems when it comes to getting onto the property ladder. As in other parts of the UK the lenders in
• First time buyers looking at a year’s salary for deposit
Before the global credit crisis made its way to the UK many first time buyers were blessed with the ability to be able to get not only a mortgage with ease but also a mortgage
• Huge mortgage gap between those with big deposits and those with small ones
A recent report has highlighted the ever growing gap between mortgage borrowers that have a large deposit to put down compared to those that have only a 10 percent deposit. Over the past eighteen months