First time buyers are taking advantage of plummeting house prices, according to figures released this week by mortgage experts John Charcol.
A fifth of mortgage applications during the first four months of 2009 came from first time buyers - an increase of 350% compared to the final four months of 2008...
Posted to
Finance
on 05-26-2009
Filed under: All Financial News, Mortgage News, 2009, credit crunch, housing market, first-time buyers, LTV, John Charcol, property ladder, data, statistics
The key announcement of the government's economic recovery plan should, by rights, be made by the chancellor. Instead Hazel Blears, the communities secretary - a woman who is as chirpy as Alistair Darling is dour – was the face of the government as she toured the radio and television studios early...
Posted to
Economics
on 09-02-2008
Filed under: Politics, Economic policy, Blogposts, guardian.co.uk, UK news, Economics, Business, Alistair Darling, Money, Credit crunch, Labour, First-time buyers, Society, House prices, Mortgages, Hazel Blears, Communities, Housing market, Property, Housing, Gordon Brown