23rd February 2018
Lenders are introducing a raft of deals and incentives to lure first-time buyers, as buy-to-let lending drops. Research by Moneyfacts also shows that first-time-buyer interest rates are getting lower. David Hollingworth of L&C Mortgages, says: “You can’t ignore that first-time buyers have benefited from reduced competition from landlords. Lenders will look at where there is demand”.
The Times (16/02.2018)