Cheap Loans And Help To Buy Continue To Support First-Time Buyer Market

The government’s Help to Buy programme and low-deposit mortgages are helping to prop up the first-time buyer market. Research by Aldermore revealed nearly a third (29%) of prospective buyers believed getting onto the property ladder was difficult, while being able to access affordable housing was cited as the second largest challenge, cited by 23%. But the chances of raising a deposit was regarded as less of an obstacle than last year. Assistance through low-deposit mortgages and saving schemes such as the Help to Buy ISA had boosted first-time buyers’ prospects. Read more on the Aldermore website.

https://www.aldermore.co.uk/about-us/newsroom/2019/11/first-time-buyer-index-shows-the-home-buying-process-remains-difficult-for-new-buyers/