Posts Tagged ‘First Time Buyers’

Nationwide Deals With Strings

October 30, 2009subedar1 No Comments »

Nationwide has just launched a range of mortgage products of up to 90% LTV. Each of the products comes with free legal fees option and is available now. But, there are strings attached. The range is only available direct through Nationwide’s branches for existing customers moving home and first-time buyers. Customers have to use the [...]

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Another £500m from HSBC

September 29, 2009subedar1 No Comments »

More good news for first-time buyers and home movers from HSBC. The bank is making an additional half a billion pounds of mortgage funding available to home buyers with deposits of 10%. The reason for this additional funding is because there has been an increase in demand from its customers. It is not known what [...]

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First-Time Buyers Numbers Increase

September 4, 2009subedar1 No Comments »

  The National Association of Estate Agents (NAEA) monthly Market Survey for August shows the number of first-time buyers increased by 36% in August. The NAEA says first-time buyers form the basis of chains and if sustained will lead to a general improvement in the market. As predicted by the NAEA over the past two [...]

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Low Cost Housing Range From Halifax

August 26, 2009subedar1 No Comments »

  A new range of shared equity and shared ownership products to be distributed solely through brokers has been launched by Halifax as part of the lender’s bid to boost access to the housing market especially for first time buyers. Low up-front fees and cash-back for conveyancing costs are some of the features in the [...]

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Interest – Only Mortgage Trap

August 24, 2009subedar1 No Comments »

  If you’re one of the borrowers who took out an interest-only mortgage expecting that the increase in property prices would help you to pay off your loan then the recent drop in house prices may have scuppered your plans. At the peak of the market buyers turned to interest-only loans as a way of [...]

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