Steve Robinson, Head of Lending for Marsden Building Society said,
“During 2017, we started to see an increased first time buyer appetite and this is continuing into 2018 . Last year, around 15% of our lending was to first time buyers and we’re looking to grow this again in 2018. For us, it’s back to our roots as a building society, supporting intermediaries and their clients to get the best rate as they step onto the property ladder.”

2 year fixed products for first time buyers are in demand

Market reports are suggesting that two year fixed rate products are at an all-time high as people are dealing with the interest rise in 2017.