In the past, financial institutions have been very strict with the requirements that must be met in order to approve a home loan. This has sparked a nationwide debate over the advantages and disadvantages of these stringent requirements and the impact they have had on both the financial institutions and the home buyers in question. Continue reading
Posted in First Time Buyer Mortgages | Tagged 100% Mortgages | Leave a commentResearch into the ages of property owners in the north and south of Britain has provided financial institutions with valuable insight concerning the property market and the future of this industry. Studies have shown that first time home buyers are approximately 4 years younger in the north and this has led to a widespread debate over the different facets involved in purchasing a home, from the price of the properties in general to the services provided by financial institutions in the country. This debate has led to some understanding over the difference in age between areas such as London and Cleveland where the difference in age between first time home buyers is as much as ten years. Continue reading
Posted in Property Prices | Tagged 100% Mortgages, First Time Buyers, First Time Home Buyers, House Prices | Leave a comment