Category: First Time Buyer

First Time Buyer, Mortgages

Shared Ownership

Shared ownership can be an affordable way of getting on the property ladder. The scheme is a part-buy, part-rent scheme. You co-own the property with a housing association, often a new build, and will be charged a rental on a portion of
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First Time Buyer, Mortgages

The First Homes Scheme

The First Homes scheme was first launched in 2021 it enables prospective first-time buyers in England to get homes at 30% and 50% discounted rates compared to market price. The First Homes scheme aimed at helping first-time buyers get on the ladder
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First Time Buyer, Mortgage Tips, Mortgages

On a mission to shine a light in the dark

We feel passionate about giving you an arsenal of knowledge for free to take away those fears and doubts that can make you feel seriously discombobulated! Welcome to your guide to mortgage solutions. According to Rightmove cost of a home coming onto
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Mortgage schemes for first time buyers

First Time Buyer, House prices, Mortgage Tips, Mortgages

Generation mortgage a new mortgage scheme for first time buyers

DID YOU KNOW IN 2000 THE AVERAGE MORTGAGE WAS UNDER 4 TIMES YOUR INCOME NOW IN 2023 IT IS OVER 7.5 TIMES. The mortgage industry must adapt and change to allow home ownership to be more accessible to more people…We are beginning
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First Time Buyer, Mortgage Tips, Mortgages

Did you know if you were rejected for a mortgage last year, you may well be accepted now?

Failed to get a mortgage last year? Have you tried again this year? As lenders go into a price war to get your business you have a greater chance of borrowing money now than last year in some cases. To find out
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Buying A Home With A Partner Tips, First Time Buyer, Mortgage Tips, Mortgages

Ever thought of a threesome? The new way to buy a home.

No, we are not offering another service here at MTGE! But, with the lowest average price of property reaching £290k the reality of being able to get on the property ladder for most can be impossible unless you know what options are
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Property prices and first time buyers

First Time Buyer, House prices, Mortgages

Don’t miss the property boat!

Dream of buying your own home but cannot make your finances work. Many people feel like it’s an impossibility with the lowest property prices average now set at £290k for those trying to make it work as a singleton, or a couple
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First Time Buyer, Mortgages

Less Singles are in the market!

Looks like pairing up is the way to go! According to an analysis of mortgage data by Lloyds Banking Group, which includes Halifax, Lloyds, and Bank of Scotland 63% of first-time buyers on their books last year were couples providing a joint
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First Time Buyer, Mortgages

95% LTV

Perhaps you never even heard of the Help-to-Buy Government scheme, it does not matter either way as it ended in October 2022. It was all doom and gloom again on the housing front for time buyers as there is no scheme to
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First Time Buyer

The new Help to Buy: Equity Loan (2021-2023) scheme

What is it and how does it work? The low down… Basically, the government will loan home buyers up to 20% (40% in London) on the cost of a new build property only. You will still need a minimum of a 5%
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