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Personal Finance News
01/11/12
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Money advice in increasing demand, says study
31/10/12
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Payment barriers exist for disabled and older people, says study
31/10/12
-
Gender differences apparent when financial planning
31/10/12
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Half of Brits shop with a basic credit card, says study
30/10/12
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Number of Brits sitting on forgotten direct debits - 2.68 million
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This Week's Personal Finance News Update
01/11/12
-
Money advice in increasing demand, says study
31/10/12
-
Payment barriers exist for disabled and older people, says study
31/10/12
-
Gender differences apparent when financial planning
31/10/12
-
Half of Brits shop with a basic credit card, says study
30/10/12
-
Number of Brits sitting on forgotten direct debits - 2.68 million
30/10/12
-
More than half of parents are unaware of Junior ISAs
30/10/12
-
Over 80% of advisers name 'cost & administration' as top employer concern
30/10/12
-
Brits left with £1.4bn repair bill during 'mischief week'
29/10/12
-
East of England landlords at apex of yield chart
29/10/12
-
Buyers more optimistic about Scottish property market
News
06/08/2012 17:00:13
FTBs told to explore all financial options
First-time buyers (FTBs) should make sure they explore all of the financial options that are available to them, before taking the plunge.
That is according to FirstRungNow.com, which also advised people looking to get onto the housing ladder to consider any schemes being run by the government to increase new home ownership.
The specialist website, which aims to help people through their first property purchase, said that many people dismiss schemes such as share ownership because they don't understand it, but after running through the details it seems much more appealing.
Robert Dibb, a spokesperson for the website, was speaking after Halifax figures suggested that house prices were down 0.6 per cent in July on the previous month.
He said: "Deposit is still very much key, so if you're in a position to live at home while you save then this is a good way to get some money together."
The property expert added that the government's NewBuy scheme could potentially be of benefit to FTBs, but first needs more support from lenders and a greater level of publicity.
