“There were quite a lot of offensive comments telling me I was ‘stupid’ or ‘why don’t you understand this” A young couple who took out a 40-year term mortgage still plan to retire in their fifties. Bryony Clarke, 27, purchased her three-bed semi-detached house in December 2023 for £247,500 with partner Charlie, 27. They put […]

2 weeks ago

The deal is not as good as it may seem A major British bank is offering mortgages to first-time buyers who have a deposit of just £5,000 – but experts are warning the deal may not be as good as it seems. Lloyds is the first major bank to offer the deal in the UK, […]

1 month ago

‘I’m a mortgage expert – and this is what budding buyers should do to avoid one of the most overlooked homebuying headaches.’ Jen Lloyd, head of mortgages at Skipton Building Society, said the biggest financial shock for many first-time buyers doesn’t just come from the deposit itself, but from the wave of costs that hit […]

3 months ago

The loan is strictly available for first-time buyers who don’t have parental help. A major mortgage lender has banned first-time buyers from using deposits from the Bank of Mum and Dad. Newcastle Building Society have announced that they will loan up to £350,000 to first-time buyers, with deposits as low as £5,000. However, the loan […]

10 months ago