All news on the topic: First-time buyers

The average mortgage term for first-time buyers has increased, according to new research

The Charles Church builder saw pre-tax profits fall to £351.8 million in 2023 from £730.7 million the previous year

The average UK house price was £291,699 in February, around £1,000 more than the previous month, according to Halifax

After weeks of speculation, the Chancellor finally shared his fiscal plan ahead of the General Election and here we take a look at who is classed as a"winner" in today's budget and who is classed as a "loser"

Jeremy Hunt, the Chancellor of the Exchequer, has announced in his 2024 budget that generous tax break scheme designed to benefit holiday let landlords will be scrapped

Most first time buyers don’t pay stamp duty but making changes to the tax could help people further up the chain

Mortgage lenders handed out 251,000 loans to home-movers, which is a drop of 26% compared to 2022

A shrinking proportion of mortgage deals are offering free legal fees or cashback, according to a financial information website

Over the last year, many first-time buyers may have missed out on a significant amount of money from a savings scheme created to boost deposits

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From knowing how much deposit to save, to making the use of first-time buyer schemes, we speak to the Co-operative Bank to round up everything you need to know about getting a mortgage

It will stop new loans for holiday let homes in some areas in a 12-month trial

Swansea has been crowned the top place to buy a home if you're a first-time buyer, with the average cost coming in at £195,687 - so which other places top the list?

They're getting their first houses for an average of £244,100 which is 8% below the market average

Married couple Alex and Diana Major, aged 38 and 39, used the First Homes scheme to get a 30% reduction on their three-bed family house in Worksop, Nottinghamshire

The number of sales agreed in the first six weeks of this year is also 16% higher than in the same period last year, Rightmove said

The average two-year fixed mortgage rate on the market recorded its biggest month-on-month fall since December 2022 in February, according to a financial information website

The Building Societies Association made the calls ahead of Chancellor Jeremy Hunt’s spring budget on March 6

House prices increased for the fourth month with the pace of annual growth now at 2.5%

A double-glazed two-bedroom home in Tonypandy, Wales, is set to go under the hammer today at auction with no reserve and a starting price of £1

The average first-time buyer put down a deposit of £53,414 last year, according to Halifax

The average UK house price in January was £257,656, according to Nationwide Building Society

The "effective" interest rate - the actual interest paid on newly-drawn mortgages - fell from 5.34% in November to 5.28% in December, the first drop since November 2021

Mortgage specialist Tembo says the trend is driven by the growing availability of home loan deals aimed at the middle-aged and it taking much longer to save for a deposit

The changes were announced as another major lender said it is tweaking some of its mortgage rates upwards.