Mortgage Advice for First Time Buyers, First Time Buyer Mortgages and First Mortgage Advice

Young first time buyers 'confident over property prospects'

28-Jan-2014

An increasing number of young first time buyers are growing confident about their prospects if getting onto the housing ladder.

Recent research published by YouGov on behalf of Countrywide found that more and more youngsters are being helped onto the property ladder by schemes such as Help to Buy.
Its data revealed that more than half (56 per cent) of 18 to 24-year-olds believe they are likely to use the Help to Buy scheme compared to around a quarter of those aged between 25 and 54.

Additionally, around a third of private renters think they are likely to use it to buy a property in the next three years

Commenting on the findings, Grenville Turner, chief executive of Countrywide, said: "Greater availability of higher loan-to-value mortgages, improving economic conditions, lower unemployment and the implementation of government-backed schemes such as Help to Buy, have given consumers reasons to feel confident."

The figures also showed that 51 per cent of homeowners believe the value of their property will increase in 12 months' time.
Article Options:

Email this article to a friend

Get updates from our RSS Feed

Post this article to:

del.icio.us

Digg

Reddit

2014: Mar | Feb | Jan

2013: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2012: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2011: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2010: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2009: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2008: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2007: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2006: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2005: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar


Free e-Bulletin

News and Offers for First Time Buyers

Register

There's alot going on! What do you think?

Interest rates are low but could rise? Is this a good time to buy?

Yes
No

Varialbe rate mortgages go up if bank interest rates do. Which is your preference?

Fixed Rate
Variable rate

Interest only mortgages are cheaper but in the end you don't end up owning the property. Which is better?

Interest Only
Repayment

House prices are waivering. Do you think this is a good time to buy?

Yes
No

Shared equity mortgages allow you to buy a new home with 5% deposit and an equity loan through FirstBuy. What do you think?

Too complicated
Too expensive
Too risky

Rent to buy allows you to peg a property price, save towards a deposit and pay reduced rent. What do you think?

Works best in a rising market
Too complicated
Good option


 

You Tube