29 things every first-time buyer needs to know and do!
By Kevin Shaw, National Sales Managing Director, Leaders Romans Group
Things for first-time buyers to be aware of
Finding the right property can take 6-12 months, so take your time and do plenty of research. This is one of the most expensive purchases you’ll ever make!
Questions on mortgages, conveyancing, or credit ratings answered in new home buying podcast series
In an increasingly challenging home buying market, people searching for their dream property can now access guidance from mortgage brokers, conveyancers, and house sales advisors in a newly launched podcast series hosted by Barratt Homes and David Wilson Homes...
Average FTB deposit cost soars in the last five years
Stipendium, the platform that simplifies life’s complex events such as home moving, has revealed that the average cost of a mortgage deposit on a first home has climbed by 54% in the last decade, pushing homeownership further out of reach for the nation’s first-time buyers.
While the pandemic has spurred an unprecedented property market boom across the UK, research by GetAgent.co.uk has shown that the Covid may have pushed the average age of a first-time buyer up by almost two years - and that’s just those to have retained employment thanks to the government’s furlough scheme.
The furlough scheme was the government lifeline afforded to many in order to...
Research by MoveStreets, the property portal designed for the mobile generation, has revealed that the average first-time buyer across Britain has seen the cost of purchasing their initial home climb by £8,663 per year on average over the last decade.
It’s a tough ask to climb the property ladder in 2021 and Britain’s first-time buyers are now facing an average cost of £225,607 for...
Data release today in the New Homes Index reveals that new home buyer demand across Britain has reached an all-time peak as a record-breaking total of 153,472 buyer searches are recorded during May. A sign that, as we emerge from COVID restrictions and flexible working patterns are confirmed as here to stay, home buyers are looking to upgrade to meet their changing space and lifestyle...
First time buyer, Chinedu Okafor (29) had set himself a goal of owning his first home before he turned 30 but was finding it increasingly hard to find the right home to tick all his boxes, until he came across Linden Homes’ Brunel Street Works < https://www.lindenhomes.co.uk/developments/london/brunel-street-works-canning-town > .
Research by home buying platform, Yes Homebuyers , has revealed that the time it’s taking for first-time buyers (FTB) to save for their first home has grown by three years in some parts of the national property market.
Yes Homebuyers looked at the cost of the average FTB mortgage deposit at 15% of the current average FTB house price. Yes Homebuyers then looked at how long it was...
Research by home buying platform, Yes Homebuyers , has revealed that the time it’s taking for first-time buyers (FTB) to save for their first home has grown by three years in some parts of the national property market.
Yes Homebuyers looked at the cost of the average FTB mortgage deposit at 15% of the current average FTB house price. Yes Homebuyers then looked at how long it was...
