Related topic: First-time buyer

Patrick Bamford, head of international business development at Qualis Credit Risk, says the first-time buyer market is an environment which has shifted emphatically in recent...

89% of aspiring solo buyers feel it is important to reach this key life milestone independently.

The quality and finish of a property is now cited by 79% of buyers as an important consideration.

The average two-year fixed rate for someone with a 20% deposit has lowered from 5.21% in August 2024 to 4.38%.

96% of first-time buyers received financial help for their deposit.

Capacity issues facing conveyancers are taking their toll on customer relationships and creating perceived communications hurdles.

Homebuyers paid over £6bn in stamp duty in first half of the year.

90%+ LTV products now account for over 22% of all borrowing, indicating more buyers are stretching their deposits due to affordability pressures.

The Group will extend its First Time Buyer Boost offering through Lloyds Bank and Halifax.

Accord will now lend up to 5.5 times income to first-time buyers at 95% LTV.