Majority of aspiring first-time buyers expect to spend between £100,000 and £150,000 on their first home (34%) – providing them with a ‘one in 20’ chance (18%) of finding a home within their price bracket.
However, most aspiring first time buyers underestimate how much their mortgage repayments will cost a month – with calculations up to 64% wide of the mark – … more
“The ONS House Price Index for March shows that the general slowdown in the annual house price growth is rumbling into 2017. From a healthy annual pace of 5.6% in the year to February, it has slowed to a more moderate year-on-year increase of 4.1% in March. The let-up in pace will be welcome news to the UK’s housing ladder hopefuls as annual growth rates above 5% have been taking house prices … more