First time buyers face an even greater struggle to get on to the property ladder, after 125 per cent mortgages disappeared from the market last night Northern Rock and Birmingham Midshires were the last two lenders offering 100 per cent-plus home loans, but both decided to withdraw their deals amongst concerns over credit conditions

Nobody in the world is excited by the thought of mortgages There are about as many live Dodos knocking about as there are mortgage broker s renowned as ‘a real party animal

What do first-time buyers and mortgage payers have in common They both have their fingers crossed regarding the state of the housing market