Good news on First Time Buyers!
Statistics from the Council of Mortgage Lenders show there were just 192,300 first-time buyers in 2008, against 580,300 in 1988. But encouragingly, the most recent statistics prove that first-time buyers are no longer holding back! Figures show that 269,000 took the first time buyer plunge in 2013.
In May this year, first-timers took out 26,800 mortgages, which is the highest monthly figure since November 2007.
There have been “Help To Buy” and other discount schemes designed to assist first time buyers to get a foot on the property ladder.
If you need any assistance in buying your first home, please speak to one of our team …. we are very experienced and happy to help you with this huge step.