The number of first time buyers has risen for the sixth consecutive year to 359,900 with deposits doubling in the past decade.
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Monthly Archives: January 2018
Annual growth of equity release lending has reached a 15 year high as homeowners access wealth from their property.
The number of home movers reached 370,300 the highest level for 10 years thanks to low mortgage rates and demand for homes.
Commuter towns with good transport links and under 40 minutes from major cities have faster house price growth than the UK average.
House prices rise by a modest 2.6% with London the weakest region and least affordable due to difficulties of raising a deposit.
The spa town of Cheltenham leads the table with 13% annual house price growth almost five times higher than the rest of the country.