Lynda Clark

Aug 1, 2024 | firsttimebuyermag.com | Lynda Clark

The base rate which determines how much banks charge when you borrow money has today been cut by the Bank of England from 5.25% to 5%. This will be a great relief for first time buyers as it is the first cut in over four years. The Bank of England last cut interest rates in March 2020 when the figure was at an all-time low of just 0.1%. But in December 2021 they started increasing borrowing costs and in August 2023 they increased the rate to 5.25% where it has stood until today.

Jul 17, 2024 | firsttimebuyermag.com | Lynda Clark

Olivia Bowen is well-known for coming second on Love Island in 2016 with her now-husband Alex Bowen. The pair were the first couple from the show to get married. She is passionate about property and interiors and has over 750,000 followers on Instagram, @thebowenhome, where she updates and gives inspiration on her latest renovation projects. Lynda Clark caught up with Olivia again to find out what she has been doing since we last spoke to her.

Jul 4, 2024 | firsttimebuyermag.com | Lynda Clark

Lynda Clark, Editor of First Time Buyer Magazine, comments: “Housing has become a major focus in this election’s debate, more so than in recent years. Indicative polls over the last few weeks showed that first time buyers are optimistic about the changes that a Labour Government will bring to a tough housing market. They are right to hope for better – house prices are high, yanking up deposits behind them, while mortgage rates linger at around 5%, making it hard to borrow.

Jun 12, 2024 | firsttimebuyermag.com | Lynda Clark

Ashlee Jane, an award-winning home decor influencer and entrepreneur, is the visionary founder behind flourishing floral e-commerce business The Suffolk Nest. With over 500,000 followers on Instagram, she talks to Lynda Clark about how her thriving business began and gives some tips on how to add flowers to your home without breaking the budget.

May 21, 2024 | firsttimebuyermag.com | Lynda Clark

This month FTB goes on the hunt with Martha and Ali who are looking to move from London to Kent and are seeking a new home with at least two bedrooms and good commuter links. Names: Martha Clarke-Reid, 37, Ali Clarke-Reid, 42Occupations: Recruitment Manager, Events Co-ordinatorMaximum budget: £300,000Requirements: A home with at least two bedrooms and ideally a garden, in Kent, with good rail links to London and a range of local facilities close by.