You are here: Home - News -

Poll: Are mortgage lenders working hard enough to attract first-time buyers?

by: Mortgage Solutions
  • 01/05/2018
  • 0
Poll: Are mortgage lenders working hard enough to attract first-time buyers?
Halifax launched its £1,000 cashback for first-time buyers and home movers this week and Accord also offered its low 'upfront cost' range, so this week's poll asks if mortgage lenders doing enough to help novice buyers swing on to the ladder?

 

 

On 22 November 2017, chancellor Philip Hammond unveiled a sweetener for first-time buyers by announcing stamp duty would be cut for properties up to £300,000, which has already saved 69,000 first-timers an average of £5,000.

Alongside the fact mortgage lenders have clearly been targeting this market with criteria sweeteners this year and rates and affordability are at their lowest ever, is it also easier than ever to place cases?

 

Vote now in this week’s poll.

 

Is lender competition creating better first-time buyer mortgages?

View Results

 

 

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
RBS to close 162 bank branches with 792 redundancies

Royal Bank of Scotland (RBS) is set to close 162 branches in England and Wales and plans to make 792...

Close