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.

A new online property portal has been set up by estate agents to disrupt the market leaders Rightmove and Zoopla. To date it has signed up 1,000 new estate agents in the past five months and also hired staff from its two large rivals as it prepares to launch early next year.

Farr & Farr estate agents in Gloucester have a team of exceptionally experienced staff spread across 4 branches covering a large section of the Gloucester area.

The National Association of Estate Agents (NAEA) claimed that just 3% of buyers were first-time buyers under the age of 30 last month.

In stark contrast, the six months to the end of June 2014, there were more first-time buyers than at any time since 2007.