There have been numerous reports out this week showing that first time buyers have seen a steep rise in property prices. Rightmove have stated that the average asking price for a first time buyer property (with 2 or less bedrooms) has risen by 3% during September. In contrast to this figure, the annual verage price growth across all property types … Read moreFirst time buyers face more problems
The final chapter of the housing journey begins when people start trading in large family homes for smaller ones.
Having traded up from a flat or a smaller house, the middle of the housing journey is firmly the preserve of families living in large homes.
We’re comfortable talking about first time
buyers, a journey given much scrutiny and much measurement, but we are much less likely to talk about those moving for the first time.