March 2014

London’s First Time Buyers Increase

London’s first time buyers increased by a third in the last quarter of 2013 compared to the end of 2012, with a total of 13,400 loans taken out in order to purchase first homes. The government’s Help to buy scheme seems to have boosted demand and encouraged first time buyers to get onto the property ladder. Due to strong house price growth in London combined with the knock on effect on the typical...

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