First-time Buyer Numbers Continue to Rise

The number of first-time buyers in the UK has continued to rise, and in the first six months of 2014 they reached their highest level since 2007, according to the Halifax. The company’s bi-annual First-Time Buyer Review revealed there were an estimated 144,5001 first- time buyers in the first six months of 2014, an increase […]

10-Year Property Market Report Published

A report providing a 10-year overview of the Scottish property market has been published by Registers of Scotland (RoS). With the last of Scotland’s 33 registration counties having switched from the deeds-based General Register of Sasines to the map-based Land Register in April 2013, RoS has now been able to review the market trends over […]

Are rental rungs replacing the ‘property ladder’?

A recent report from Halifax has revealed a change in attitudes towards renting. In 2011, the first Halifax Generation Rent Report described a generation who wanted to buy but couldn’t afford to or didn’t dare try for fear of rejection. Three years and 32,000 survey respondents later, the opinions of 20-45 year olds are changing, […]

Sharp increase in first-time buyer lending

First-time buyers are continuing to help drive the property market, with recent data showing that mortgage lending to first-time buyers totalled £3.7 billion during December 2013. This is a 3% increase over November 2013 and an increase of 48% over the comparable figure for December 2012. The data, which has recently been released by the […]