Woolwich has launched a new product to assist first time buyers in getting onto the property ladder and has announced changes to its product criteria with effect 18th June 2012 The new First Time Buyer Mortgage Product The lender has launched a new product call Helpful Start which is aimed at first time buyers who … Continue reading “Woolwich launches an innovative new product aimed at First Time Buyers”

The ongoing trend towards greater competition in the buy-to-let mortgage market stepped up a notch today, when the Yorkshire Building Society said that it will be loosening its lending criteria for such deals offered to borrowers in England and Wales. It was last August that the building society first started offering buy-to-let mortgages, via its … Continue reading “Yorkshire Softens Buy-To-Let Mortgage Criteria”

As we have previously reported there are new mortgage rules coming into force in the near future that look set to provide further hurdles for those looking to get mortgages. This week mortgage brokers have highlighted the further challenges faced by those who work on zero hour contracts making home ownership even more difficult to … Continue reading “Zero Hour Contracts Present another Hurdle for Home Buyers”