First-Time Buyer

First-time buyers offered up to £10,000 interest-free loans from next month

Young first-time buyers face toughest time since financial crisis, says UK housebuilder

Jim Chalmers says fewer homes selling at auction may be a ‘good thing’ for first-time buyers

Auction success hit a new low for the year on the last Saturday in May, with just 54.5% of homes soldFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe treasurer, Jim Chalmers, has suggested falling auction clearance rates may be a “good thing” for first home buyers if it means they aren’t competing against as many property investors. After data was released showing home prices in Australia’s capital cities had begun to fall...

Young first-time buyers face toughest time since financial crisis, says UK housebuilder

Barratt Redrow boss says rising interest rates, higher student debt and squeeze on wages hitting property dreamBusiness live – latest updatesThe boss of Britain’s largest housebuilder has said it is the most challenging time to be a first-time buyer since the financial crisis, as the dream of home ownership moves increasingly out of reach for many young people.A combination of rising interest rates, higher levels of student debt and the squeeze on wages is making it “challenging, very, very...

Young first-time buyers face toughest time since financial crisis, says UK housebuilder

Stamp duty reform urged as MPs warn of tax 'damage'

Stamp duty reform urged as MPs warn of tax 'damage' A cross-party committee of MPs has called for a review of stamp duty Rachel Reeves is facing mounting pressure to overhaul stamp duty after MPs warned the tax is hampering first-time buyers, stalling the housing market and "damaging the economy". A cross-party group of MPs stated that the levy has become a significant barrier to home ownership and urged ministers to initiate a review of alternatives as part of a broader push to help more...

New Nationwide update as 'impact feeds through'

New Nationwide update as 'impact feeds through' The building society has given its latest take Nationwide issued a new update on Monday morning. It revealed that house prices fell by 0.6% month on month in May as the "impact of the Middle East conflict feeds through" into the property market – though experts say it's the ideal moment for first-time buyers to secure a bargain.

‘It feels unfair’: the Britons struggling to get a mortgage since Iran war began

Whether first-time buyers, in between homes or refixing, people tell of impact of higher mortgage rates on housingProspects of cuts in UK interest rates in 2026, which were widely expected at the start of the year, were rapidly extinguished when the Iran war started at the end of February. The renewed threat of inflation means the Bank of England is now expected to raise rates at least once this year, with mortgage costs staying higher for longer.The boss of Britain’s largest housebuilder...

You could find it easier to get a mortgage under new proposals

You could find it easier to get a mortgage under new proposals The Financial Conduct Authority (FCA) will explore how to help lenders offer flexible repayments for people with variable incomes, like those who are self-employed First-time buyers, older borrowers and the self-employed could find it easier to get a mortgage under new proposals set out by the financial regulator. The Financial Conduct Authority (FCA) will explore how to help lenders offer flexible repayments for people with...

HSBC offers £1,500 to key group of customers

HSBC offers £1,500 to key group of customers The banking giant has made a major announcement HSBC has a new deal that pays customers a whopping £1,500. The bank is offering a £1,500 cashback incentive for first-time buyers alongside reductions to its fixed-rate products. The banking giant has slashed selected residential mortgage rates by up to 0.29 percentage points, with its five-year fixed-rate option for purchasers with a 5% deposit now standing at 5.37%.