The proportion of people planning to take their first step on the property ladder in the coming months has risen to its highest level in at least two-and-a-half years, despite the "minefield" of difficulties they face, a study suggests today.
The proportion of first-time buyers is set to rise slightly this year, but they could face a narrower choice of properties due to a lack of first-time sellers, a study suggests.
Lenders and estate agents say the Government could have helped first-time buyers by extending their stamp duty 'holiday' in yesterday's Autumn Budget Statement.
First-time buyers (FTBs) who've got on the housing ladder are spending less of their income on servicing mortgage debt but many other wannabe homeowners are still struggling to buy.
14 January 2010
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