First Mortgage News

Are ultra-low interest rates here to stay? Bank of England Governor Mark Carney has slammed talks of prospective interest rate rises, saying “now is not yet the time” for a rise. In his speech at Queen Mary University, he highlighted the current instability in China’s economy alongside falling oil prices, and a slowdown in the […]

What is the LIFT scheme? Low-cost Initiative for First Time buyers   Simply put, it’s an initiative brought in by the Scottish government to help first time buyers get onto the property ladder, more affordably than if they bought a home without assistance – sometimes requiring no deposit at all.   Who is it for? […]

Bank of England Governor Mark Carney has slammed talks of prospective interest rate rises, saying “now is not yet the time” for a rise. In his speech at Queen Mary University, he highlighted the current instability in China’s economy alongside falling oil prices, and a slowdown in the growth of wages and GDP in the […]

Edinburgh street named as Scotland’s most expensive Edinburgh is once again proving itself as a millionaire’s playground, with more than half of Scotland’s most expensive streets at home in the country’s capital. Taking out the top honour is Northumberland Street in the city’s coveted Stockbridge area, with an average property price of over £1.3 million. With […]

Edinburgh is once again proving itself as a millionaire’s playground, with more than half of Scotland’s most expensive streets at home in the country’s capital. Taking out the top honour is Northumberland Street in the city’s coveted Stockbridge area, with an average property price of over £1.3 million. With properties in this street being within walking […]

Help to Buy ISA – what it means for first time buyers On the back of the hugely successful Help to Buy (Scotland) scheme, comes the Help to Buy ISA, helping first time buyers boost savings for their first home. A variety of lenders will be providing the ISA, and First Mortgage will be helping […]