Oviso co-directors Lee Mortimer (left) and Matt Simpson are pictured at the Association of Mortgage Intermediaries annual dinner at the Sheraton Park Lane, London.
Derbyshire development open day to offer expert advice to potential buyers in East Midlands – as well as paying the legal fees
EXPERTS from Derbyshire-based financial advisors Oviso and the Government’s Help To Buy scheme will be offering advice to First Time Buyers at an open event near Ripley.
A decade ago, according to the Nationwide, it took the average first-time buyers in the UK less than five years to save a 10% deposit of £14,080. Compare that with today, it now takes on average six and a half years to save a 10% deposit of £18,480.
First Time Buyer Mortgages
In recent times it appears to be harder than ever to get that first step onto the property ladder. In the last 30 years house prices have increased a staggering 554%, so it may come as a surprise that first-time buyer mortgage figures have hit their highest level in a decade, according to data by Yorkshire Building Society.