First-time buyers have accounted for 86% of all Help to Buy 2 mortgage applications so far.
Virgin Money has become the fourth lender to launch products under the government’s Help to Buy mortgage guarantee scheme.
UK house prices have risen by 7.7% in the past year according to the latest house price index from Halifax.
The Bank of England is likely to scale down support for the housing market including Help to Buy in order to prevent another housing bubble, an economist has suggested.
Skipton Building Society launches a new range of mortgages; former 3i director launches new
The Bank of England has maintained interest rates at 0.5% and the size of the asset purchase programme at £375bn.
Chancellor George Osborne has confirmed both Aldermore and Virgin Money will start offering Help to Buy mortgage guarantee products later this month.
Seven in 10 online searches for personal finance products in October were for mortgages, loans and credit cards.
MPs have called for an urgent independent review into the Money Advice Service (MAS) after a damning report criticised its role and reach, and questioned the salaries it pays its top executives.
Canada Life Investments launches five multi-asset funds; Post Office unveils a range of new mortgage deals; Shawbrook bank introduces 1 year fixed rate bond.
UK house prices leapt 6.5% this November compared to the same time last year thanks to improved confidence in the economy, the Nationwide house price index has revealed.
The mortgage aspect of the Funding for Lending Scheme (FLS) is to be discontinued amid fears of a housing bubble.
Kames Capital plans to launch its first ever Property Authorised Investment Fund (PAIF) in the first quarter of 2014.
Sterling rose against the US dollar in morning trading after the second reading of the UK's economic growth rate confirmed an increase of 0.8% in the third quarter, in line with analysts' expectations.
RBS faces fresh break-up calls; RWE pulls out of the government's £4bn Atlantic Array project; President Obama faces a decisive test of his influence over Iran.
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