Sentences with phrase «difficult for first time buyers»

It is further predicted that the total number of rental households in the UK will reach 7.2 million by 2025, with limited supply and spiralling house prices making it increasingly difficult for first time buyers to get on the property ladder.

Not exact matches

Interest rates will inevitably rise, as the Bank of Canada keeps pointing out, and the federal government has instituted numerous changes over the past few years that will make a home purchase more difficult for first - time buyers.

Today, many local markets are experiencing inventory shortages that make things more difficult for first - time home buyers.

Inventory shortages were more serious in lower price tiers, making it very difficult for first - time buyers to take advantage of historically low interest rates below 3.5 percent.

He praised the policy, but admitted that Labour's proposals to prioritise new - builds for first - time buyers living in area for three years was «difficult», as it could potentially penalise someone looking to move up the social ladder by purchasing a property in a new area.

Today, many local markets are experiencing inventory shortages that make things more difficult for first - time home buyers.

For first time home buyers it can be really difficult to understand the mortgage market and find the lender that best suits their needs.

However, with so much industry jargon, getting into the mortgage process can really be difficult most especially for first time buyer.

Because many first - time home buyers typically don't have a lot of established credit, getting qualified for a conventional loan can be difficult.

With the start of 2014 well underway, new mortgage regulations designed to protect borrowers from risky lending practices went into effect, but it may make the first time home buyer experience a little more difficult for some borrowers.

If you are a first - time home buyer, self - employed, or new to Canada, you will find it more difficult to qualify for a mortgage Canada Ontario through the bank.

Olick followed up with her column today, noting that higher mortgage rates (of late), tight credit standards, and falling inventories will make life difficult for first - time buyers in 2013.

First - time home buyers often carry student loans, which can make saving for a down payment difficult.

As home values continue to climb, it becomes increasingly difficult for first - time buyers to break into a market.

According to most sources, Ottawa's policies are geared towards tightening underwriting standards, which will ultimately make it more difficult for first time home buyers to secure a best rate mortgage.

There has been little comment from the government about how this increased cost will be paid for, particularly at a time when it is increasingly difficult for first - time buyers to get onto the housing ladder.

For first time Arkansas auto insurance buyers this can be a difficult decision.

Prices are rising for both inputs putting some profit squeeze on builders and making it more difficult to build affordable homes for first time buyers.

«Even though the typical down payment of a first - time buyer has been 6 percent for three straight years, two - thirds of respondents indicated that saving for one is difficult right now,» says Yun.

Among 23 percent of first - time buyers who said saving for a downpayment was difficult, more than half (57 percent) said student loans delayed saving, up from 54 percent a year ago.

Financing repairs and improvements with home equity is okay for most homeowners, but it is difficult for many first - time buyers.

Financing repairs and improvements with home equity is okay for most homeowners, but is difficult for many first - time buyers.

«Nearly two - thirds of renters currently believe now is a good time to buy a home, but weakening affordability and few choices in their price range have made it really difficult for more aspiring first - time buyers to reach the market,» Yun says.

With hefty student loans, first - time buyers often have a difficult time saving for a down payment.

«Finally BC first time buyers would have the opportunity to have their dream release by owning their dream home instead of renting it» says Navtaj Chandhoke, founder of Professional Real Estate Investors Group (PREIG) Canada» it can be difficult for lot of Canadian families to save the down payment.

Raising the down payment is the most difficult part for the first time home buyer.

Changes to mortgage lending rules last year may have made it more difficult for first - time buyers to enter the housing market, but Moran said that there are «programs out there [like the Home Buyers Plan] for first time bbuyers to enter the housing market, but Moran said that there are «programs out there [like the Home Buyers Plan] for first time bBuyers Plan] for first time buyersbuyers.

There are a number of reasons it may be difficult for first - time home buyers to come up with the down payment for a home.

But the ripple appreciation has made it «very difficult for most first - time buyers to qualify (for houses) in the East County — and that's the most affordable portion of San Diego,» says Ron Faul, a sales associate with Coldwell Banker Southern California in La Mesa.

Financing repairs and improvements with home equity is okay for most homeowners, but it difficult for many first - time buyers.

«In recent years, Canada has been a difficult place to be a purchaser of real estate, particularly for first - time buyers.

Higher down payments are one more factor making life difficult for first - time homebuyers, who accounted for 28 percent of June home sales, a slight uptick from 27 percent in May but a long way from the 40 percent share that first - time buyers typically accounted for just two years ago.

«With rents taking up a larger chunk of household incomes, it's difficult for first - time buyers — especially in high - cost areas — to save for an adequate down payment.»

A sputtering economic recovery has made it difficult for first - time buyers to afford homeownership.

Inventory shortages were more serious in lower price tiers, making it very difficult for first - time buyers to take advantage of historically low interest rates below 3.5 percent.