First Time Buyers

Thinking of buying your first home? Our in-depth articles will help you get prepared and keep you informed of what’s going on in the market.

Mortgage rates at their lowest for six months

Mortgage rates at their lowest for six months

Good news from Moneyfacts – rates are lower than they’ve been since last summer. Mortgage rates have fallen to their lowest level for six months, according to independent financial website Moneyfacts. New figures posted on its website have shown that the average two...

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Boxing Day bounce saw an uplift in property listings

Boxing Day bounce saw an uplift in property listings

The property market may well be picking up – Rightmove saw an increase in the number of properties going onto the market for sale in December 2023 when compared to the previous year. The number of homeowners who put their properties up for sale on Boxing Day increased...

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House prices went up in December

House prices went up in December

The property market has outperformed expectations and seen an increase in house prices in the last month, according to Halifax. UK house prices have risen for the third month in a row. Halifax says that average house prices went up by 1.1% in December and that prices...

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Mortgage rates fall again in January

Mortgage rates fall again in January

Mortgage rates have come down again, so does this mean that rates will continue to fall?Earlier this week, it was announced that one of the major banks was offering lower than 4% mortgage deals, with more lenders expected to follow suit. It’s important to note that...

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Mortgage Guarantee Scheme Is Extended

Mortgage Guarantee Scheme Is Extended

First-time buyers may be pleased to hear that in today’s Autumn Statement, the Chancellor revealed that the Mortgage Guarantee Scheme will continue into 2024 and the first half of 2025. Chancellor Jeremy Hunt has just announced that the Mortgage Guarantee Scheme has...

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What does the inflation drop mean for mortgages?

What does the inflation drop mean for mortgages?

Inflation fell to its lowest rate for two years in October, and the latest month-on-month drop was slightly larger than anticipated. What does this mean for the mortgage and property market? Consumer Price Index (CPI) inflation (which relates to goods and services)...

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