Although the average increase in home loans in Britain was 5%, The Nationwide Building Society has increased loans by 44% in the same period, offering hope to hundreds and boosting the number of mortgages provided to first time buyers.

“The key strategic delivery in the last year has focused on growth across all of our principal product lines… demonstrating our commitment to supporting growth in the economy as well as meeting the needs of borrowers, especially first time buyers,” chief executive Graham Beale said in a statement.

So things could be on the up for those seeking mortgages.

Read full article from Sky News