First-time buyers

The Help to Buy Hotspots for first-time buyers

Research by MoveStreets, the property portal designed for the mobile generation, has revealed which areas of the nation offer the highest levels of Help to Buy availability for first-time buyers, as well as where the scheme is highest in demand.

MoveStreets analysed current property stock listed across each county and how many of these homes offer Help to Buy eligibility for those in...

Cul-de-sac

First-time buyers pay 38% more in low crime rate areas

Research by the estate agent comparison site, GetAgent.co.uk , has revealed the heightened cost of low crime for the nation’s first-time buyers, with property prices in areas home to the lowest crime rates commanding 38% more than those in high crime rate areas.

GetAgent analysed crime rate data and the average price paid by first-time buyers in local authorities across England and...

First-time buyers paying as much as £73k more to get on the ladder since the market reopened

Research by the new build snagging and defect management experts, BuildScan , has revealed where the nation’s first-time buyers have seen house prices climb the most since the market reopened in May of last year.

BuildScan analysed first-time buyer house prices from the Land Registry house price records, looking at how they have changed between May 2020 and January 2021 (latest data...

Neighbours

Lockdown has made 80% of first-time buyers rethink where they live

Over the past year, the UK has seen a shift in cultural perceptions at work, interacting within the neighbourhood community and even family relationships. According to a recent poll conducted by Estate Agents Douglas & Gordon , the lockdown has impacted the first-time buyers the most, with 80% of under 40s unhappy about they live due to them being far away from loved ones.

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Home Buyer

First-time buyers to save £20k via Gov mortgage deposit scheme

Average FTB mortgage deposit now just £10,536

In last week’s Budget, the government announced a guarantee to lenders offering mortgages to homebuyers with just a 5% deposit requirement up to the sum of £600,000.

Research by lettings and estate agent, Barrows and Forrester , has looked at what this means for first-time buyers (FTBs) across Great Britain, based on the cost of...