Surely if you can afford to pay nearly £1,500 in rent, you can afford a mortgage? Well, yes,...
Tag archive for: first time buyers
“Rental prices up 6.2% in 12 months to January – ONS”
The number of under-40s, in particular, renting without apparent hope of buying has risen by over...
“Rents up 9% in 2023 while voids hit historic lows – Goodlord”
Here’s the other side of the ‘housing crisis’. Rents are up by an above-inflation percentage,...
““Sir Howard Davies should be ashamed” – brokers react to NatWest chair’s property ladder comments”
‘Just when bankers’ reputations have started to recover’ might be something of an exaggeration....
“Santander tightening buy-to-let affordability ‘disaster’ for market”
It’s not just spiralling interest rates which are affecting buy to lets. These have meant that...
The end of ‘buy-to-let’?
‘The Renters’ (Reform) Bill, introduced to Parliament today, delivers the Government’s 2019...
“Annual house price growth turns negative in February, Nationwide”
Negative growth. What a great and typical piece of economists’ jargon. I think they mean house...
“Bank of mum and dad drives economic inequalities”
Not sure if there are any surprises or changes to the world order here. It was ever thus, that...
“Lloyds boss says business case for buy-to-let ‘really difficult'”
Record low interest rates, soaring house prices and our love affair for property (we all...
“Property sales to fall 21% next year as mortgage arrears rise”
OK, I know I’ve been predicting a property market ‘crash’, or at least a slowdown, for a year or...
“Buy-to-let mortgage payments increase by 286% in one year”
It’s changes in the rental market which will have the biggest effect on property prices in the...
This month’s Interview: Anne Hester
Join us as we speak with Anne Hester, Independent financial and mortgage adviser at Philip James...
“House sales slump by 63%”
So here’s the thing. Is this just due to the ridiculous stamp duty holiday deadline, which created...
“First-time buyer numbers drop to three-year low outbid by deposit-rich”
Parents’ and grandparents’ other worry is that Generation X/Y or Z won’t be able to get on ‘the...
“Mortgage scheme launched for 5% deposits”
I guess if you’re a first-time buyer, this sounds like great news. If you’re buying for, let’s...