Bath is the best city in the UK for first time buyers to get on the housing ladder with job opportunities and good disposable income helping those seeking to get on the housing ladder, new research has found.
The number of first time buyers in Scotland reached 34,519 in 2018, an increase of 56% from 22,100 a decade ago, according to the latest buyer research.
The Government’s flagship Help to Buy scheme has become too popular, leading to a danger that developers have inflated prices to such an extent that buyers could find themselves with negative equity in their property, it is claimed.
More first time buyers got a mortgage to get on the housing ladder in Wales in 2018, with industry data showing they increased by 4.3% in the final quarter year on year.
With house prices having risen over the last decade, many young people have found it tough to get on the property ladder. Some are choosing to co-buy with friends, but it is not without its risks.
The gap between annual costs of buying a home in the UK compared to renting one are at the lowest in almost a decade but buyers are still better off nationwide.
First-time buyers now make up the majority of home purchases bought with a mortgage in the UK, figures show.
The number of people buying their first home reached a 12 year high in the UK in 2018 with 370,000 getting a mortgage for the first time, the latest industry figures show.
In the UK first time buyers have a rare opportunity to take advantage of cheap mortgage rates at a time when property price growth has slowed, according to new research.
Mortgage lending figures in January were positive, particularly for those buyers with small deposits, typically first time buyers, according to the latest data to be published in the sector.
First time buyers ended up paying proportionately more than buyers already on the housing ladder for a home over the last year, new research has found.
Would-be first time buyers in Scotland and the East Midlands are more confident about getting on the housing ladder than those in other parts of the UK, new research has found.
A mixture of competitive deals and schemes, including Help to Buy, has been helping more first time buyers get onto the housing ladder in the UK, according to the latest mortgage lending figures.
Loans lasting up to 40 years can leave buyers unable to save for pension, say regulators
Experts and data agree—this year will be a good one to buy a house in most places.
Three quarters of first time buyers in England have benefited from the changes to stamp duty thresholds for first home purchases introduced a year ago, according to new research.
Dire warnings of a no-deal Brexit could be seen as helpful to first-time buyers. But a downturn would hurt those who can least afford it the most
More than 180,500 first time buyers in Britain have saved a total of £426 million through the stamp duty relief programme introduced a year ago, official figures show.
More first time buyers are getting on the housing ladder in London, reaching their highest level in three years with new mortgage numbers up in the third quarter of 2018, new figures show.
First-time buyers should be allowed to take out controversial 100 per cent mortgages where no deposit is required, says a major industry body.
Opt in here