Related topic: First-time buyer

Eligible customers will be able to borrow up to 6 times their income on lending up to 90% LTV through Skipton's LTI Booster range.

Anyone earning over £1,000 gross must register for Self Assessment by the end of today or face automatic HMRC penalties and potential mortgage delays.

For advisers, Mortgage Score is designed to help prospective borrowers better understand their financial position before seeking advice.

The maximum purchase price affordable to an average solo buyer could increase by nearly £49,000, from £216,758 to £265,703 based on the national average wage.

First-time buyer homes now cost less than six times earnings.

The new product complements the Society's existing two-year fixed rate.

First-time buyer demand softens in Q3, but Burnham’s boost to affordability only solves part of the problem, Yopa says.

Just over a third say their children are living at home specifically to save for a house deposit.

The new scheme - Your First Home - will support first-time buyers onto the property ladder.

The value of new mortgages where the deposit is less than 5% doubled to £1.5bn.