TML has announced a market update, see below. The TML range of products are available through our direct to lender mortgage club and our fees free packager. Contact us to see how you can benefit from our club or packaged support.
View their latest product and criteria here.
Announcement
Research – Half of homeowners with a mortgage had support getting on the ladder but more help needed
Our latest research has found that 50% of current homeowners with a mortgage had support in getting onto the ladder. Common forms of help included:
- 11% said that they had help from the Bank of Mum and Dad
- 6% used a help to buy ISA
- 5% used a LISA
- 5% benefited from Rent to Buy schemes
- 6% bought used Shared Ownership
And, 42% of this group felt that the government has not done enough historically to support first time buyers onto the ladder.