Tag: Firsttime

Coronavirus: First-time buyers slip on the property ladder as deposits rise

Image copyright PA Media Image caption The goalposts have moved for many first-time buyers Purchasing a first home is one of the biggest financial steps many people will ever take. But changes to the housing market brought on by the Covid-19 pandemic have made that step a little bigger. For those scrimping and saving to afford a deposit, coronavirus has… Read more →

First-time buyers: Four ways the property market ‘will be tougher’

Image copyright Getty Images Official forecasts predict a fall in UK house prices with the economy in recession and jobs being lost. First-time buyers may be rejoicing about the prospect of cheaper property. Yet a report by the Resolution Foundation suggests home ownership could become increasingly “out of reach” for this group of people. It comes as a survey of… Read more →