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 income compared with 37% who relied on a sole income.

Back in 2014 43% of first-time borrowers did so jointly, but 57% bought on their own.

This might feel a bit disheartening if you are flying solo o one income.  Never fear, we are here!  There are so many new mortgage schemes popping onto the market to accommodate people who just cannot get on the property ladder alone.  Generation X and the 5% deposit on new build flats are just two examples that have popped up amongst others during the property price hike.

Our message to you is do not despair.  We are here to give you professional honest advice.

To find out what we can do for you.

Just reach out:


Tel: 0203 640 7600



Article written:  30/01/23

Please be aware the details of this article are appropriate from the time it was written, therefore any information given after this date may have changed.

Be aware that if you are unable to keep up your mortgage repayments you may lose your home.  We are professional mortgage brokers with a joint knowledge of 75 years.  So if you have any mortgage-related questions feel free to drop us a line at:  hello@mtge.uk

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