First-Time Buyers Face Record High Prices

The first six months of 2017 saw a 3% increase in the number of first-time buyers, taking the total to an estimated 162,704 compared to 154,200 in the same period of 2016. Rise in First-Time Buyer Numbers According to the latest Halifax First Time Buyer Review, a decade ago just over a third (36%) of […]

First Time Buyers Look to Family for Financial Help

New research has highlighted the difficulties experienced by some first time buyers as they try to take that all-important first step on the housing ladder. Family Members Play an Important Role A survey by Which? Mortgage Advisers found that 69% of respondents had taken more than two years to save a home deposit for their first […]

Rise in Number of First-Time Buyers

The number of mortgages granted to first-time buyers in the third quarter of this year is at its highest level since 2007, according to new figures from the Council of Mortgage Lenders (CML).  In total, first-time buyers borrowed £940 million, up 3% on the second quarter and 6% on the third quarter last year. This […]

Scotland is More Affordable for First Time Buyers

East Dunbartonshire is the UK’s most affordable area for first-time buyers (FTBs), according to the latest First-Time Buyer Review from Bank of Scotland. The average property price here sits at £97,089, which is only 2.6 times local annual average gross earnings. Most Affordable LADs for FTB As many as five out of the UK’s ten […]