Kevin McCloud’s advice for first-time buyers in the UK is ‘move to Germany’
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More first time buyers apply for a mortgage in April
The number of first-time buyers applying for a mortgage reached a five-year high in April, according to figures from market research group HDN. In total, 14,500 first-time buyers requested a mortgage last month, up 2,500 on the same period in 2023. The average amount they requested – €353,000 – was also a five-year high, HDN said. In total, buyers applied for some 45,000 mortgages in the fourth month of the year, a rise of 40% on 2023. National statistics office
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Edinburgh for sale: Chic and stylish one-bedroom flat in first-time buyer hotspot of Gorgie
Chic and stylish, this one-bedroom flat is located in Edinburgh's first-time buyer hotspot of Gorgie at a very purse-friendly price of offers over £160,000. This well presented and striking traditional top floor flat, 11/16 Wardlaw Street, forms part of the high amenity residential area of Gorgie, close to great day to day amenities and within easy reach of the West End and Haymarket Railway Station by way of good public transport. The highlight of this Gorgie property is the impressive open...
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First-Time Buyer budgets climb by 20% in Edinburgh amidst battle to jump onto the housing ladder
Provided by leading new homes property website, newhomesforsale.co.uk, this latest data has revealed that the average budget for First-Time Buyers in Scotland’s Capital now stands at £295,445, being an 18.84% increase on the £248,617 budget recorded in Q1 2023. The website, which lists ten new build developments located in and around Edinburgh city centre, has also confirmed that First-Time Buyers have accumulated an average deposit of £30,590, being 10.35% of their target property purchase...