Related topic: First-time buyer

Two-thirds of first-time buyers have relied on living at home rent-free to save for a deposit, rising to 71% in London.

Sebastian Murphy, group director at JLM Mortgage Services, says Burnham may have ruled out major property tax reform in the short term, but he should not mistake that for a reason to...

More than a third of potential first-time buyers (37%) worry about being rejected for a mortgage.

52% of prospective buyers would consider co-buying a property with a friend or family member to get onto the property ladder, peaking at 61% among Gen Z.

The enhanced range includes reduced rates for self-employed borrowers, an expanded JBSP range, and a new five-year new build range.

Many parents and grandparents already believe their children will struggle to achieve milestones that previous generations took for granted.

The Bank Family is becoming essential for first-time buyers, as gifting shifts from inheritance to lifetime giving.

Instead, this generation is prioritising being debt-free, financial independence and maintaining a high quality of life as their key markers of success.

6% have received family support to help them afford a first-home deposit.

The latest reductions cover first-time buyer and buy-to-let remortgage products.