Tags Posts tagged with "first home buyers"
Tag: first home buyers
Banks in China's major cities have started raising mortgage rates for first-home buyers, putting further pressure on prospective buyers and the real estate market.
Research has suggested that the number of mortgages available to first-time buyers has almost trebled since 2009 in what is good news for the UK property market.
New Zealand house prices remained essentially flat in the month of May, with government valuer Quotable Value Ltd. reporting signs of first home buyer interest picking up as interest rates remain low and banks relax lending criteria.
Almost a quarter of first-time buyers expect to spend at least five years saving up for a deposit on their first home, according to Santander Mortgages.
Skipton and Woolwich are among lenders cutting rates for first-time buyers and remortgages.
With the continuing shortage of finance available to first home buyers, joint purchase represents a realistic new option, but it's important to have the legal particulars drawn up to avoid complications down the track, says the National Association of Estate Agents.
The rising costs and increasing restrictions associated with getting a mortgage are leading more entry-level property purchasers to team up with their partners, friends or family.
First time home buyers could be thrown a lifeline under plans being considered by the Treasury to underwrite 'risky' mortgages, allowing people with only small deposits to buy homes...