(IN BRIEF) Barclays has introduced Mortgage Boost, an initiative aimed at helping first-time buyers borrow more without the need for a larger deposit. The scheme allows family or friends to increase the borrowing capacity without directly lending money, offering a … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Marketing, News, United Kingdom
Tagged affordability, Barclays, buy-to-let mortgages, consumer research, credit checks, deposit costs, family support, financial assistance, First-Time Buyers, home ownership, home purchase, Legal advice, Life Moments, mortgage application, Mortgage Boost, Opinium Research, property market, property prices, Sian McIntyre, stamp duty, UK
(IN BRIEF) The Barclays Property Insights report reveals a slowdown in the growth of rent and mortgage spending, which increased by 1.8% year-on-year in December, down from 8.2% in November. This is the lowest growth rate since August 2024, attributed … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged "Bank of Mum and Dad", Bank of England, Barclays, base rate reduction, Consumer Spending, Deposit savings, discretionary spending, driveways, family support, financial confidence, first-time buyer schemes, First-Time Buyers, garages, gardens, home improvements, home renovations, Homebuyers, homeownership, house prices, housing affordability, housing payments, longer mortgage terms, Mark Arnold, mortgage spending, mortgages and savings, Property Insights, property value, rent, stamp duty, UK housing trends, utility bills
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