First-time buyer numbers remained elevated in 2022, data shows
The number of first-time buyers (FTBs) across the UK remained above pre-pandemic levels despite a 9% year-on-year fall, new data has revealed. Yorkshire Building Society estimated that there were 370,287 people buying their first property across 2022, down from the 20-year high of 405,320 seen in 2021 which the building society states was fuelled by […]
Mortgage applications for flats with dangerous cladding to be considered, banks announce
A number of major UK banks will start considering mortgage applications for flats with dangerous cladding. Banks had previously not considered applications for flats with cladding issues following the Grenfell Tower disaster in 2017 which resulted in the deaths of 72 people. Barclays, Nationwide, NatWest, HSBC, and Santander have said they will begin considering mortgage […]
