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UK property lending market sees rise in buyers with smaller deposits

Home buyers needing small deposits are making up a larger share of the property market with the latest figures showing they account for more than a fifth of all new mortgage approvals. In total home borrowers with a deposit of 15% or less made up 20.5% of the market in February, substantially higher than both […] The post UK property lending market sees rise in buyers with smaller deposits appeared first on PropertyWire . Continue reading

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First time buyers in London see prices rise on average by 67% since 2012

House prices for first time buyers in London have increased by an average of 67% with some parts of the capital seeing even higher increases, according to new research. The steepest rise has been in the borough of Waltham Forest where prices for those getting on the housing ladder have increased by 93% from an […] The post First time buyers in London see prices rise on average by 67% since 2012 appeared first on PropertyWire . Continue reading

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Young people fear they cannot afford to buy a home in the UK

Many young people in the UK fear they do not earn enough to buy a home and a significant number also feel that owning is a thing of the past, new research has found. A quarter of young people aged 18 to 34 in the UK rely on inheritance to get on the property ladder […] The post Young people fear they cannot afford to buy a home in the UK appeared first on PropertyWire . Continue reading

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