The plight of first-time buyers has become even more prescient in recent times with the cost of living crisis making saving for a deposit more challenging and rising mortgage rates makes affordability difficult
Earlier this week, reports suggested that the government was considering launching a scheme that would bring 99 per cent loan to value (LTV) mortgage to the market to support first-time buyers onto the property ladder.
The move has been met with mixed reaction, with some noting that it could support buyers with higher incomes, and there were 100 per cent LTV mortgages on the market already.
Other said that this was a short-term fix and could cause house prices to further increase, aggravating the challenges faced by those looking for a first home.
This month Mortgage Solutions is asking brokers what support would best help first-time buyers?
What support do you want to see for first-time buyers?
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
