Tag Archives: home ownership

Lloyds Banking Group Adds £4 Billion to Mortgage Lending for First‑Time Buyers with High Incomes

(IN BRIEF) Lloyds Banking Group is increasing its First Time Buyer Boost by £4 billion, raising the loan‑to‑income cap to 5.5 times earnings to help more high‑LTI first‑time buyers secure mortgages. Since August 2024, the scheme has supported 11,000 new homeowners with over … Read the full press release

Barclays’ Mortgage Boost Aims to Ease First-Time Buyers’ Path to Home Ownership

(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