first time buyers
It can be tough to be a first time buyer in today’s property market. Increasing house prices, static salaries and a lack of affordable homes can make it feel like an uphill struggle for a first time buyer looking to get their foot on the property ladder. Meet Rosanna & Tom, a couple living in Coventry…
A new report by Post Office Money Mortgages has looked at the affordability of houses in British cities for first-time buyers. In some, but not all, British cities rising house prices are making it very difficult for first-time buyers to get on the housing ladder, with some cities becoming “unaffordable blackspots”. According to Post Office…
The rapid rise of “zero-hour contracts” is making it even harder for young people to step on to the property ladder, mortgage brokers have warned. Zero hours just means an employee is “on-call” without a minimum amount of weekly work specified in the contract. Mortgage experts said, like the self-employed, aspiring home owners’ options will…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
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