The average interest rate for FTBs
was 3.1%, down from 3.4% in H1 2017.
Even in markets where national house prices are still well below pre-crisis levels, such as Spain and Portugal, wages are lagging prices and the limited savings power of first-time buyers (FTB
) is reducing affordability in the most prosperous regions.
Jan Hitch, president of the National Association of Estate Agents, said: "The return of FTBs
purchasing property has been anticipated for some time now.
These set clear expectations on the participating banks to support mortgage availability for FTBs
. Finally, the Government is working with the FSA, the Bank of England and international authorities to maintain stability in the financial system.
Along with astronomical prices in many parts of the UK, another compelling factor encouraging a widening of the net for FTBs
is the popularity of TV programmes such as A Place in the Sun and No Going Back.
But for those FTBs
on the hunt in Daventry, buying the first home could not be easier, as Redrow is treating them to an array of incentives - including taking care of the deposit - making that first move all the more seamless if they move to Royal Park, off Braunston Road.
In many regions, less than 10% of FTB
purchases in 1994 were above the pounds 60, 000 stamp duty threshold.
Part failures or circuit problems were detected by test gear incorporated in a Flight Test Board (FTB
) about the size of a juke-box.
The average Scottish FTB
will pay around pounds 700.
During the period from July to December 2016, the average loan-to-value ratio on new lending for FTBs
was 79.0 per cent and the average loan-to-income ratio was 2.9.
Although the Chancellor outlined plans to help FTBs
get on the housing ladder during his Autumn Statement at the start of last month, more than half (53 per cent) of NAEA members think the group will continue to feel squeezed out of the market due to the lack of affordable housing.
Newcastle Building Society is hosting a free A Foot on the Ladder event at 6.30pm on May 14 at the Gallowgate Club, at Newcastle United Football Club, which aims to help FTBs
to understand the home buying process.