Online mortgage broker Mojo Mortgages analysed their internal mortgage data and uncovered that the average first-time buyer in the UK is 33 years and 8 months old when they purchase their first home.
With an average mortgage term of 30 years, this means that the average first-time buyer won't pay off their mortgages until they're 63 years and 8 months old.
Pandemic property party over for first-time buyers as numbers slide -10.6% in a year
Research by the Gradual Homeownership provider, Wayhome , has revealed that while the pandemic market boom saw a record increase in the number of first-time buyers (FTB) purchasing a home, the party could be over as this figure has fallen sharply over the last year.
IT may also stand for fairway, but for Viju Vastrad and her husband Vaghish Salimath ‘F’ stands for family and first home, after they moved to Greenside View, overlooking Dukinfield Golf Club in Tameside.
It marks an end to years of renting – and the start of a bright new future for the couple, who are also looking forward to the birth of their first child.
FIRST time buyers are invited to a “house party” featuring a DJ, cocktails, pizza and prizes all “on the house” at Mill Green in Warton.
Anwyl Homes is putting the fun into finding your first home and celebrating the launch of homes suited to those stepping onto the housing ladder with a special event from 6pm to 9pm on Thursday, August 18.
With the capital’s property prices continuing to rise, a recent survey has found that more than one third of buyers would consider purchasing a property with a friend.* Whether it’s to split the mortgage and household costs, or for the social benefits of sharing a space, the demand for part owning a home with a friend is becoming a popular route onto the property ladder.
Making the move for better and more flexible living is the goal of many new homebuyers
And with townhouses at Bluebell Homes’ Ross on Wye development, customers can be assured of achieving it.
There are two styles of 2.5 storey properties available at St Mary’s Garden Village, offering flexibility of living and great value too. And it means buyers can be assured of superb style and...
A new phase launched at Barratt London’s popular Springfield Place development in Tooting Bec. Foxglove House will consist of 18 one, two and three-bedroom apartments, available for private sale from £450,000.
Due to complete in summer 2022, the phase is expected to sell exceptionally quickly, having already attracted a large number of first-time buyers priced out of neighbouring...
First time buyers in London struggling to find a way onto the property will once again be able to find out all they need to know at the First Time Buyer Home Show. The independent, advice-focussed property show is set to return to London on Saturday 19th March, in conjunction with National Home Buying Week – a campaign designed to educate and inspire homeownership.
Barratt London are encouraging young professionals and first-time buyers to enquire about the final phase of homes at Bramble Apartments, part of the popular Millbrook Park development in Mill Hill, NW7, which launched last month [January 2022].
As the final phase, this will be the last time that buyers here can benefit from the popular Help to Buy loan, with the government scheme...
The latest research by Birmingham estate and lettings agent, Barrows and Forrester , has revealed that while first-time buyers face the biggest financial hurdle to homeownership causing them to borrow more, it’s existing homebuyers that are now more stretched when it comes to their earnings and the amount they are required to borrow.
