More Mortgages Means Help for First-Time Buyers

Summary


The number of mortgages available for first-time buyers has nearly trebled during the past two years, figures show.

There are 183 different products aimed at people taking their first step on to the property ladder, up from 62 in June 2009, according to financial information group Moneyfacts.co.uk. First- time buyers have been hit hardest as lenders become more risk- averse.

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Extract


More Mortgages Means Help for First-Time Buyers

But there are signs banks and building societies are re-entering the market for people with on...

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