Average monthly mortgage payments for typical first-time buyers have yet to rise above levels seen at their peak in 2023.

First-time buyers are proving remarkably resilient despite ongoing financial headwinds, with application volumes recently overtaking those by home movers for the first time.

According to the latest research commissioned by Barratt Developments PLC, one in five (20%) first-time buyers (FTBs) aren’t aware of affordable homeownership schemes but, since...

Legal & General has revealed that 38% of potential buyers in the UK were first-time buyers.