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FirstTimeBuyers
4 stories, newest first.
Property & Planning · LondonLondon house prices: Kensington and Chelsea least affordable
New analysis reveals Kensington and Chelsea as London's least affordable borough for homebuyers, with average property prices 17.3 times average earnings. Barking and Dagenham remains the most affordable borough.
London3 min readTrust 70 · Craft 70 · Hype 20
Business · LondonHousebuilder Shares Surge on First-Time Buyer Scheme
Shares in major UK housebuilders experienced significant gains following the government's announcement of the 'Your First Home' initiative. The programme aims to make new-build properties more accessible to first-time buyers with a reduced deposit requirement and government equity loans.
London4 min readTrust 64 · Craft 95 · Hype 25
Property & Planning · LondonLondon buyers need £35,500 more for deposits
Londoners face a significant hit to their property buying power due to increased mortgage rates. Buyers in the capital now need an additional £35,500 for a deposit to afford the same home with identical monthly repayments.
London3 min readTrust 60 · Craft 60 · Hype 40
Property & Planning · LondonWandsworth and Waltham Forest lead London first-time buyer activity
Wandsworth and Waltham Forest have been identified as leading areas for first-time buyer activity in the UK. Dartford in Kent was named the top commuter hotspot overall, with London boroughs showing strong performance despite higher property prices.
London3 min readTrust 60 · Craft 68 · Hype 45