HomeMate.com.au

In the UK the figures in a survey showed 20% of potential first-time buyers expect to be 40 years old before they buy their first house.
The trend in Britain is showing that the “typical” age of a first-time home buyer may soon increase from 31 to over 40, to up to 44. The concern then is can they then prove they can support a mortgage, as they may require to pay out the mortgage before retirement.

Some things in mortgage lending never change. In an ongoing saga the Big Four banks have again been belted in a customer satisfaction survey that puts them well behind credit unions and building societies.

Many homeowners are considering moving into the property investment market for the first time as property rental yields rise. Before making any decisions in this area you need to consider your financial position and your financing options and