Cardiff has seen a surge in young people flocking to the capital city, with the number of 21 to 30 year olds increasing by 39% during the last 15 years. According to 2017 data from the Office for National Statistics, 69,291 members of the city's 350,463 population were young people. And a report by the Centre for Cities revealed that they were attracted to the city by job opportunities and access to transport as well as the vibrant entertainment, sport and cultural scene. Many younger people settling in Cardiff have been desperate to get on the property ladder but, as we know, homes in the city don't always come cheap. But there are places out there for first-time buyers starting with a budget of just £90,000. We've done our research and found a choice of apartments in the trendiest and most convenient areas of Cardiff - and, if you're prepared to consider the outer suburbs and have a budget of up to £200,000, there are a range of houses available too... Grangetown: offers … [Read more...] about The best homes for first-time buyers in Cardiff right now
Home loan first time buyer
A guide to mortgages for the first-time buyer BelfastTelegraph.co.uk The home buying process can often feel a little overwhelming, especially if you’re a first-time buyer. https://www.belfasttelegraph.co.uk/service/sponsored-articles/a-guide-to-mortgages-for-the-firsttime-buyer-37079467.html Email The home buying process can often feel a little overwhelming, especially if you’re a first-time buyer. A mortgage is the largest financial investment any of us will ever make, so it’s normal for the journey to have emotional ups and downs. But you’re not alone, Bank of Ireland UK is there to help you make sense of everything and equip you with sufficient information to make the right choices. At Bank of Ireland UK we want to simplify things for you. So, our mortgage adviser, Patrick Greene, has outlined a step-by-step mortgage guide to make the whole journey for first-time buyers as stress free as possible. 1) First thing’s first…What even is a … [Read more...] about A guide to mortgages for the first-time buyer
Mortgage Myth Buster: First time buyer worries debunked! BelfastTelegraph.co.uk The mortgage process, with its many steps and decisions, can often feel overwhelming, especially for first time buyers. https://www.belfasttelegraph.co.uk/service/sponsored-articles/mortgage-myth-buster-first-time-buyer-worries-debunked-37062967.html https://www.belfasttelegraph.co.uk/incoming/article37062966.ece/2c4d6/AUTOCROP/h342/Patrick%20Greene%202%20-%20Bank%20of%20Ireland%20-%20Mortgage%20expert.jpg Email The mortgage process, with its many steps and decisions, can often feel overwhelming, especially for first time buyers. But there are experts who can help, like Bank of Ireland UK. They understand that when it comes to buying your own home it’s more than a mortgage; it’s about finding a place to call your own, your very own castle where you can decorate (and redecorate), have mates round and play music loud, somewhere you will pour your personality into. They want to work with … [Read more...] about Mortgage Myth Buster: First time buyer worries debunked!
A third of UK residents preparing to buy their first house are struggling to save enough money for a deposit - six times the proportion of people who bought their first house 20-30 years ago. That’s according to a 2,000-person survey carried out by self-storage company, Space Station, which asked 1,000 Brits who are currently preparing to buy a house and 1,000 Brits who bought their home from 1988-98 to reflect on their experiences. It revealed that first time-buyers today are six times more likely to struggle to save for their deposit than those buying a home 20-30 years ago. Read more: Having a house near this supermarket can boost your house price by £43,000 While one in three people (33 per cent) currently saving for a home said they had been forced to delay because of difficulties saving for a deposit, only one in 20 people (five per cent) who bought their first home between 1988 and 1998 reported the same struggle. According to the research, the increase in house … [Read more...] about As UK house prices soar, first-time buyers struggle much more than mum and dad did
YORKSHIRE Building Society has launched a new range of super-low mortgage deals - but you'll only be able to get them if you've got a Help To Buy ISA. YBS has launched four new deals for first-time buyers and two of them are the best deals out there. There are two two-year deals and two five-year offers but not all of them will leave you with more cash in your wallet. All you need is either a five per cent or 10 per cent deposit, although you'll need to pass all the correct credit checks too. You'll have to use the cash from your Help To Buy ISA though, which is the government scheme that gives first time buyers a 25 per cent bonus on top of their savings up to £12,000. So unfortunately, if your stumping up the cash from an ordinary savings account then you won't be able to get the deals. Plus, there's a £495 fee on all of the deals too that you need to take into account. We asked the boffins over at MoneyFacts.co.uk to check out the deals and see if they are any good - and … [Read more...] about Yorkshire Building Society launches two new best-buy mortgages for first-time buyers