Posts Tagged first time buyer
The mortgage market waiting game
Recent figures may have given some indication that property prices could be about to start rising again, but does that mean first time buyers should be rushing to buy now? In relative terms values are still high, with PricedOut.org.uk spokesperson Katy John noting that a typical home costs five times the average salary.
She also observed that the range of first time buyer mortgages currently available is limited, but suggested that it is high prices rather than the need for large deposits that are keeping people out of the market.
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