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
First time buyers are front of the pack in the Government’s drive for home ownership, with much recent housing policy aimed at supporting their first purchase.
But once they become home owners their journey doesn’t end, even if the state support does. This week we will be looking at the journey home owners face moving on for a second, third, fourth and eventually last time and what their onward mobility means for the rest of the housing market.