For first-time buyers the gap was 12% in August, down from a peak of 24% in April.
Both the average price paid by first-time buyers and the average price paid across the broader market have increased by 2.9% in the last year.
Lenders expected a further 1.5% of borrowers on payment holidays to be able to make interest-only payments.
Nivo created the integrated solution within three weeks of first contact with CLS Money.
Watson joins Hope Capital from Together, where he was senior bridging underwriter.
Across the UK, rental searches were up 34% in August compared to this time last year.
The company withdrew from the second charge sector at the end of March.
The advisory board will focus on helping Worry+Peace identify industry needs and exploit opportunities, as well as being advocates for the platform and the solutions it can provide.
StepChange has suggested other changes that might complement the FCA’s recent guidance around supports for those continuing to struggle with their mortgage payments.
Toy has been chief executive officer at the NACFB since July 2017.