first time buyer

The Times, which has apparently become a government press release farm, is all excited about a new mortgage product by government-owned Lloyds TSB. “First-time buyer deal breaks mortgage deadlock,” says the Times, and the lead in is  “Lloyds TSB earns praise for new 95 per cent LTV.

More on The return of the 95 percent mortgage in the UK

The slower market particularly in top end property in Auckland is seeing some innovation in the New Zealand residential property scene.

There appears to be a few new trends appearing which have been absent from the local real estate scene for a while: vendor finance and swaps. So how do you sell a house in a quite market?

More on Creative Financing: Way of the Future?