Related topic: First-time buyer

Nottingham has also been revealed as the fastest growing region for LISA-enabled house purchases.

A single person now needs a salary of £56,476 to afford the average UK house price.

The average asking price for a typical mid-market second-stepper home is 52% more than a 0-2 bedroom.

Buyers are looking for higher paying jobs (40%), negotiating pay rises (22%) and even switching careers (21%) to speed up their property purchase.

The First Step range includes a choice of two fixed rate mortgages.

Housing market confidence remains fragile as global uncertainty weighs on buyer sentiment.

40% believe it is best to get a mortgage with their current bank.

The findings highlight the scale of the affordability challenge facing prospective homeowners nationwide.

The decision comes as Mojo Mortgages aims to reflect the theme of International Women’s Day 2026, 'Give to Gain.'

Patrick Bamford, head of international business development at Qualis Credit Risk, believes if the government wants to keep first-time buyers at the heart of housing policy, then...