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RSS FeedsFirst-time buyers on the rise as buy-to-let mortgage market falls
(The Guardian Money News)

 
 

12 july 2018 19:58:13

 
First-time buyers on the rise as buy-to-let mortgage market falls
(The Guardian Money News)
 




Number of new homeowners rose 8% in May as mortgages for landlords dropped 10%The number of first-time buyers rose in May while the number taking on new buy-to-let mortgages fell, in a sign that government policies and tax changes are rebalancing the housing market.There were 32,200 new mortgages completed for first-time buyers over the month, 8.1% more than in May last year. The £5.4bn of new lending was up 12.5%, according to figures from UK Finance, a lobby group for the financial services industry. Continue reading...
 
11 viewsCategory: Business > Economy
 
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