Archive of: First Time Buyers

• Lettings demand to stay high as '30% of tenants plan never to buy'

  03 August 2017

  Lettings demand to stay high as ’30% of tenants plan never to buy’

• Rental sector set to benefit as first time buyers lose out on mortgages

  11 December 2015

  A new survey of mortgage approvals suggests first time buyers are continuing to lose out – and are thus likely to continue resorting to the rental sector for accommodation.

• Rental sector to boom as first time buyers need £50,000 to proceed

  06 November 2015

  The rental market looks set to benefit from the continuing housing market strength as new research claims that first time buyers need on average a minimum household income of £50,000 to purchase a house in the UK.

• Mortgages for house purchase down 10% in a year

  17 June 2015

  Monthly lending for house purchase in April was 10% down on the same month last year.

• Asking prices set new record as market is starved of stock

  15 June 2015

  Asking prices for properties have surged to a new record level – but new sellers are staying away, starving the market of stock.

• House price rises scupper first-time buyer hopes as lending crashes

  18 March 2015

  First-time buyers are being increasingly pushed out of the housing market because they cannot keep up with price rises.

• Landlords urge longer tenancies, sales to first time buyers

  14 January 2015

  The Residential Landlords’ Association has launched its own election manifesto – including longer tenancies, encouraging sales of rental properties to first time buyers, and tougher enforcement against rogue landlords.