quarter of first time buyers opt for 35 year mortgages to get on ladder /

Published at 2016-01-11 02:01:32

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Number of first-time buyers down 0.5% in 2015 to 310000,with the average deposit rising above £30000 and mortgage terms getting longerThe number of first-time buyers in the UK housing market has fallen for the first time in four years, with the typical deposit required to buy a property now above £30000.
The estimated number of first-time buyers final year was 310000, and down 0.5% on 2014 and the first decline since 2011,according to Halifax.
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Source: theguardian.com

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