A large number of people believe first-time buyers struggling to find a mortgage, according to new research.
Some 88 per cent of Britons regard getting a foot on the property ladder as either "very difficult" or "more difficult than ever before", a YouGov study released by the Council of Mortgage Lenders has revealed.
Additionally, 78 per cent of those polled believe that more should be done in order to assist first-time buyers in their attempts to find a mortgage .
Bob Pannell, head of research for the Council of Mortgage Lenders, commented: "These results confirm that first-time buyer affordability is a major concern to people, whatever their own personal situation.
"While lenders have a continuing part to play in helping borrowers … most people believe that government needs to do more."
Milan Khatri, chief economist at the Royal Institution of Chartered Surveyors , recently warned that first-time buyers will not find it any easier to find a mortgage in 2007 despite the Bank of England's base rate rise.
Many first-time buyers can't find a mortgage, study shows
Mortgage Quote Line
0845 108 0505
Many first-time buyers can't find a mortgage, study shows
Tue, 05 Dec 2006
Recommended links
Guide for first time buyersFree mortgage enquiry form
Mortgage protection insurance
Conditions and charges attached to a mortgage
Bankruptcy and IVA mortgage guide
Compare lenders of mortgages for first time buyers
Newcastle sets out to help first-time buyers
Change in first-time buyers attributed to new mortgage products
New tracker deal for first-time buyers
Fewer first-time buyers opt for interest-only mortgages, study shows
First-time buyers already burdened by debt, suggests report
Competition on increase for first-time buyers
HSBC creates advice centre for first-time buyers
Fifty-year mortgages could become a reality for first-time buyers
Return of the first-time buyers, state experts
First-time buyers consider abstaining from alcohol, mortgage lender reports
First-time buyers urged to be aware of mortgage market
Improved mortgage and loan deal for first-time buyers
Affordability to remain poor for first-time buyers
50-year mortgages for first-time buyers
First-time buyers need help, says mortgage lender
First-time buyers stuck until Olympics, says CIS
Long-haul mortgage deposit for first-time buyers
Fixed mortgages better for first-time buyers, expert says
Scottish Widows aims to help first-time buyers
First-time buyers warned over insurance
Buy-to-let mortgage market not deterring first-time buyers, says expert
First-time buyers still paying stamp duty
First-time buyers increasingly rely on parents' money
Inflation for first-time buyers rising, study shows
Fixed-rate mortgages attract first-time buyers
First-time buyers opt for shared mortgage, study shows
Potential first-time buyers caught in a trap
More first-time buyers paying stamp duty, figures show
New Britannia mortgage for first-time buyers
First-time buyers may head overseas to fund mortgage aspirations
Mortgages for first-time buyers falling
First-time buyers struggle with higher lending charges, says mortgage provider
First-time buyers need greater flexibility, says CML
Mortgage affordability harder for first-time buyers, expert claims
Half of first-time buyers can't find a mortgage, study shows
Liberate first-time buyers from stamp duty, mortgage lender says
Go for 95%, first-time buyers told
Harder for first-time buyers to find a mortgage in 2007, expert claims
Data indicates 85% of first-time buyers choose fixed-rate mortgages
First-time buyers must be helped in NI, experts say
First-time buyers taking mortgages later
Yorkshire a hotspot for first-time buyers, study shows
First-time buyers' struggles highlighted
100 per cent mortgages for student first-time buyers
First-time buyers see mortgages more important than marriage, suggests research
Potential first-time buyers struggling, mortgage lender finds
First-time buyers making comeback
First-time buyers get advice from mortgage lender
Expense of first-time buyers Government-backed mortgages in question
Innovation to help first-time buyers, expert claims
First-time buyers get parental help, figures show
First-time buyers still struggling, survey says
More discussion of fifty-year mortgages for first-time buyers
First-time buyers the lifeblood of mortgage industry, expert claims
New mortgage options to help first-time buyers, expert states
Britannia mortgage for first-time buyers
First-time buyers could have a happy 2006
Income multiples good news for first-time buyers, expert claims
New Abbey website for first-time buyers
50 year mortgages and first-time buyers
First-time buyers turning to houseboats
First-time buyers need £35k deposit, study shows
First-time buyers face price inflation, study shows
First-time buyers seem to shun advice
First-time buyers face big squeeze, study shows
Forces first-time buyers to receive boost
First-time buyers and 50-year mortgages
Home information packs may benefit first-time buyers, experts suggest
HomeBuy scheme to help first-time buyers, states NHF
First-time buyers six months from disaster, expert claims
First-time buyers forced to gazunder, expert claims
Mortgage group warning for first-time buyers
New CML NI director plans to aid first-time buyers
First-time buyers could benefit from interest-only, says mortgage analyst
Parental help needed to become first-time buyers, CML survey shows
Scottish first-time buyers forced out of cities, says expert
First-time buyers expect help from parents, study shows
Tough situation for first-time buyers, study shows
First-time buyers should build savings
The changing faces of first-time buyers
First-time buyers know little about the property market, suggests research
100 per cent mortgages gaining popularity amongst first-time buyers
Stamp duty a hindrance for first-time buyers, expert claims
First-time buyers adapt lifestyle to afford mortgage
Cut lending charges to help first-time buyers urges building society
Politicians aim to win over first-time buyers
Mortgage preferences of first-time buyers revealed
Cheaper fixed-rate mortgages for first-time buyers
First-time buyers want trendy flats, expert says
Further difficulties for first-time buyers, expert predicts
HLC mortgage charges an added concern for first-time buyers
First-time buyers take on second jobs
First-time buyers to struggle in 2007, expert claims
Good year for first-time buyers predicted
First-time buyers hitting mortgage desperation point
First-time buyers 'missing best offers'
Taskforce launched to help first-time buyers
Abbey relaunches mortgages for first-time buyers
First-time buyers still have debt, study shows
Halifax offers hints for first-time buyers
First-time buyers struggling with saving money, review finds
Mortgage choices for first-time buyers in UK market
First-time buyers' wages sapped by mortgages
First-time buyers facing higher costs, study shows
Foreign mortgages attractive to first-time buyers, expert claims
Fixed-rate mortgage launched for first-time buyers
First time buyers saving longer for deposits
First time buyers' spending doubles in 5 years, study shows
Urban first time buyers better chance on property ladder
First time buyers suffer under higher lending charges
Leeds Building Society launches new mortgages for first time buyers
First time buyers optimistic about property prospects
First time buyers got more mortgages in 2006
Openshaw is top address for first time buyers
First time buyers have "unrealistic expectations"
New mortgage helps first time buyers, divorcees
First time buyers benefitting from buy-to-let, mortgage study shows
First time buyers save with Leeds and Holbeck
CML: First time buyers dwindling in Wales
First time buyers put at risk by mortgage lenders, CAI claims
Survey: Graduates struggle to become first time buyers
Potential first time buyers opt for renting
Easier help for parents of first time buyers
New mortgage gives first time buyers "best of both worlds"
First time buyers get on London property ladder
Interest only mortgages could cause problems for first time buyers
First time buyers get special mortgages
First time buyers rely on parents
New Charcol mortgage safeguards first time buyers
First time buyers, remortgage customers offered improved mortgages
Expert predicts more affordable mortgages for first time buyers
Buy to let mortgages impacting on first time buyers
First time buyers returning to property market
First time buyers get 100 per cent mortgage deal
First time buyers shows growth, remortgages down
Scottish first time buyers given mortgage boost
Mortgage lender boosts first time buyers
Mortgage broker sees the return of first time buyers
Mortgage lenders and government help first time buyers
More mortgage applications by first time buyers
First time buyers find favour
ODPM: Inflation down for first time buyers
First time buyers looking to the continent
Mortgage lender releases guide for first time buyers
First time buyers "in favour of debt test"
First time buyers look for bargain property
Yorkshire offers first time buyers boost
First time buyers overlooking property checks, study indicates
First time buyers "compromise to afford mortgages"
First time buyers consider lifestyle over mortgage affordability
Mortgage rates slashed for first time buyers
First time buyers helped with innovative mortgages, expert claims
Innovative first time buyers return to market
First time buyers temper mortgage demands, financing study indicates
| mortgages news |
|---|
| Yorkshire Building Society makes mortgage more accessible - Thu, 02 Sep 2010 |
| Lloyds TSB launches new fixed-rate mortgage - Thu, 02 Sep 2010 |
| Skipton launches new mortgage range - Wed, 01 Sep 2010 |
| More News |
Mortgage Rates by Lender 
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage