The new proposition allows eligible first-time buyers to borrow up to 98% LTV, with a minimum deposit of £10,000.
The new proposition allows eligible first-time buyers to borrow up to 98% LTV, with a minimum deposit of £10,000.
Lifetime mortgage activity dipped but retirement interest-only lending rose 13% compared to the same quarter a year earlier.
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Transactions dipped by 5% from December but remain steady compared with January 2025.
First-time buyers and existing customers will both benefit from the latest reductions.
Brokers are keen to see more criteria flexibility and faster speed to offer from commercial lenders this year.
Upsizers account for 70% of home movers buying and selling simultaneously so far in 2026 – the highest level in five years.
Nearly £392m in potential estate agency revenue and £515m in potential stamp duty receipts were lost last year to fall throughs.
First-time buyers can now access products up to 90% LTV, while retaining exclusive access to dedicated first-time buyer products.
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