(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
Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged 5.5× income, Andrew Asaam, Deposit, first‑time buyers, First Time Buyer Boost, Halifax, high loan-to-income, home ownership, intermediaries, Lloyds Bank, Lloyds Banking Group, loan‑to‑value, LTI, mortgage reform, mortgage stress test, property ladder, Shared Equity, Shared Ownership, £4 billion lending
Most start saving for their first property at the age of 24, whilst average age at completion is 32 Almost three quarters (73 per cent) wish they’d started saving sooner and 64 per cent worry they will never be able … Read the full press release
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?