News
Average UK home costs 10.6 times annual salary despite wage growth outpacing house prices, Wayhome
The latest data indicates that the average UK salary increased by 6.4% over the last year, currently standing at £26,796.
Wayhome
News
Modern kitchens and natural light among the most desirable property features, Wayhome research finds
The gradual homeownership provider commissioned a survey of over 2,500 first-time buyers to ascertain which features were most important to them when it comes to the property itself, its outdoor space and the requirements of modern-day life.
News
Average cost of a first home climbs £25 per day since interest rates started to rise
Since December 2021, the average FTB house price has risen by 5.8%, increasing the financial hurdle of buying a first home by £13,018. This increase translates to an average daily cost increase of £25 for those waiting to buy their first property.
Featured
Only a quarter of first-time buyers would consider a 100% mortgage, finds Wayhome
Despite high house prices and initial mortgage deposit costs presenting major hurdles for first-time buyers, only 25% would consider a 100% mortgage to gain a foothold on the property ladder, according to new research by Gradual Homeownership provider, Wayhome.
News
Wayhome raises £8m in Series A funding to expand gradual homeownership model
As part of their growth strategy, Wayhome plans to establish additional partnerships with mortgage brokers and lenders.
House Prices
Gradual homeownership hotspots revealed, aiding renters in transition to homeownership
The most significant benefits have been observed in the country's most inflated property markets, with the average purchase price at £341,862.
News
End of Help to Buy scheme to leave £105bn housing market hole
Since its launch in 2013, Help to Buy has facilitated the purchase of £105.4bn worth of property through 375,654 completed transactions, with £23.7bn in loans issued.
Buy-to-let Mortgages
England’s property market imbalance: Rental stock at just 5% in some areas
New research by Wayhome, a Gradual Homeownership provider, reveals a significant imbalance in the English property market, with rental properties accounting for only 5% of available homes in some regions.
News
A 5% mortgage deposit more financially beneficial than investing in fixed ISA, according to Wayhome research
Placing just a 5% mortgage deposit makes more financial sense when it comes to the potential annual return versus investing in a one-year fixed ISA, according to a recent study by gradual homeownership provider, Wayhome.
Lead Story
First-time buyers face additional costs and risk losing out on Help to Buy scheme as final completion deadline approaches
First-time buyers who miss the final completion deadline for the Government's Help to Buy scheme could face additional costs of over £50,000, according to research by Wayhome, a provider of gradual homeownership schemes.
Featured
First-time buyer numbers down 10.6% in a year – Wayhome
While the pandemic market boom saw a record increase in the number of first-time buyers (FTB) purchasing a home, the party could be over as this figure has fallen sharply over the last year, according to gradual homeownership provider, Wayhome.
Featured
Average price of a first home climbs by 29.5% over five years
The average cost of a first home has climbed by 29.5%, just 3.5% off the pace set by the wider market, according to research.