Top for 24 hours
First-time buyers face a cocktail of woes as house prices rise
First-time buyers face an increasingly impossible future with the average cost of a first home rising as rents tip the £1,000 a month mark and lenders withdraw small deposit mortgages. Research from AmTrust and Moneyfacts shows the average cost of a first-time buyer home hit £161,912 in June - the highest level seen in 2016. At the same time the number of high loan-to-value mortgage products has fallen for two consecutive months.
|Related: "First-time buyers face a cocktail of woes as house prices rise" ↓|
|Last News ↓|