First-Time Buyer Numbers Hit Second Highest Level in 14 Years!
In 2022, over half of all homes purchased with a mortgage were bought by first-time buyers. The number of first-time buyers was the second highest in the past 14 years, reaching an estimated 370,000 people. In 2021, the pandemic and stamp duty holiday...
New Year, New Start, with property prices seeing a bigger than usual upward bounce!
After two months of consecutive falls on property prices, the average new asking price has risen again by 0.9% (+£3,301) for the month of January 2023! This is the biggest increase seen at this time since 2020. The average asking price is still...
How Can A Slower Housing Market Benefit First-Time Buyers?
With a slower housing market, this may help first-time buyers to take the opportunity to jump onto the property ladder. With the surge in property prices since the pandemic at a temporary slowdown, it’s causing the property market to balance...
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