{"id":26969,"date":"2016-01-11T07:01:32","date_gmt":"2016-01-11T00:01:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-first-time-buyers-opt-for-35-year-mortgages-to-get-on-ladder\/"},"modified":"2016-09-23T14:31:08","modified_gmt":"2016-09-23T07:31:08","slug":"quarter-of-first-time-buyers-opt-for-35-year-mortgages-to-get-on-ladder","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-first-time-buyers-opt-for-35-year-mortgages-to-get-on-ladder\/","title":{"rendered":"Quarter of first-time buyers opt for 35-year mortgages to get on ladder"},"content":{"rendered":"


\nNumber of first-time buyers down 0.5% in 2015 to 310,000, with the average deposit rising above \u00a330,000 and mortgage terms getting longerThe number of first-time buyers in the UK housing market has fallen for the first time in four years, with the typical deposit required to buy a property now above \u00a330,000.The estimated number of first-time buyers last year was 310,000, down 0.5% on 2014 and the first decline since 2011, according to Halifax. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Quarter of first-time buyers opt for 35-year mortgages to get on ladder<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Number of first-time buyers down 0.5% in 2015 to 310,000, with the average deposit rising...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-26969","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-70Z","jetpack-related-posts":[{"id":1128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-first-time-buyer-numbers-fall-for-first-time-in-four-years\/","url_meta":{"origin":26969,"position":0},"title":"UK first-time buyer numbers fall for first time in four years","date":"January 11, 2016","format":false,"excerpt":"\r Number down 0.5% on 2014, to 310,000, with average deposit required rising above \u00a330,000The number of first-time buyers in the UK housing market has fallen for the first time in four years, with the typical deposit required to buy a property now above \u00a330,000.The estimated number of first-time buyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2460,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-opt-for-40-year-mortgages-to-get-on-property-ladder\/","url_meta":{"origin":26969,"position":1},"title":"First-time buyers opt for 40-year mortgages to get on property ladder","date":"October 9, 2015","format":false,"excerpt":"\r Proportion of borrowers taking out loans for more than 25 years has doubled in five years, raising concerns over return to risky lending practicesFast-rising house prices are forcing home buyers to stretch their mortgage terms up to 40 years to get a foothold on the property ladder, raising fears\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-deposit-no-problem-the-new-100-mortgages-for-first-time-buyers\/","url_meta":{"origin":26969,"position":2},"title":"No deposit, no problem: the new 100% mortgages for first-time buyers","date":"July 17, 2026","format":false,"excerpt":"\r Banks and building societies have started relaxing affordability rules and becoming more creative with productsFor many first-time buyers, getting their foot on the property ladder can feel like an impossible dream. However, the good news is that there are a growing number of mortgage deals that require only a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/marathon-mortgages-of-up-to-40-years-on-rise-among-uk-first-time-buyers\/","url_meta":{"origin":26969,"position":3},"title":"Marathon mortgages of up to 40 years on rise among UK first-time buyers","date":"April 22, 2023","format":false,"excerpt":"\r More opt for longer loan deals and lower monthly payments as rents soar in cost of living crisisA standard mortgage used to run for 25 years but experts are reporting a growing trend for marathon loans spread over up to 40 years as first-time buyers and movers opt for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-buyers-need-to-save-for-up-to-24-years-to-get-on-housing-ladder\/","url_meta":{"origin":26969,"position":4},"title":"UK buyers need to save for up to 24 years to get on housing ladder","date":"December 20, 2015","format":false,"excerpt":"\r Resolution Foundation research shows it can now take almost a quarter of a century for UK households to accumulate a big enough depositHomebuyers now have to save for up to 24 years to set aside a deposit large enough to buy them a foot on Britain\u2019s housing ladder, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-four-new-uk-homeowners-opt-for-marathon-mortgages-to-cut-payments\/","url_meta":{"origin":26969,"position":5},"title":"One-in-four new UK homeowners opt for \u2018marathon mortgages\u2019 to cut payments","date":"October 2, 2023","format":false,"excerpt":"\r Buyers under 29 choosing at least 35-year repayment terms to bridge gap between rising living costs and high asking prices, says ExperianA quarter of young homeowners who have a new mortgage have opted to pay it back over 35 years or more in an attempt to make monthly payments\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26969"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=26969"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26969\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=26969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=26969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=26969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}