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Posts Tagged ‘second steppers’

More Second Steppers require financial support from Family and Friends according to Lloyds Bank

By Allen Walkey | July 4, 2018

Many homeowners ready to take their second step on the property ladder now rely on financial help from family and friends to help make the jump from their first home, according to the latest Lloyds Bank Second Steppers report. More Second Steppers are having to borrow from family and friends to trade up the property…

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Higher house prices helps boost equity position for second steppers according to Lloyds Bank

By Allen Walkey | March 5, 2018

Latest news release from lloyds Bank released 3rd March 2018 headlines ‘ Equity gains help Second Steppers fund the £136,000 price gap to trade up’ Lloyds Bank has launched its annual Second Stepper report, which tracks the challenges faced by First-Time Sellers. The report reveals one in three (35%) of these households believe it will…

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Harder to move up property ladder than to get on in first place according to Lloyds Bank

By Allen Walkey | August 30, 2017

Recent press release from Lloyds Bank reveals that 1 in 4 Second Steppers say it’s harder to move up the property ladder than it is to get on in the first place. Andrew Mason, mortgage product director at Lloyds Bank, said: “Moving up the property ladder has become more challenging for Second Steppers in recent…

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