Profile of first time buyers in 2017 revealed

“House prices continue to inflate while the level of income on offer lags far behind and as a result, UK home buyers are having to think of additional ways of securing that first foot on the ladder which is further delaying their ability in doing so.

 “We are a nation of aspirational homeowners highlighted by the number of first-time buyers remaining fairly consistent due to their perseverance in getting on the ladder. But for those unable to club together with a partner, or rely on the bank of mum and dad, the affordability of a mortgage deposit, let alone the overall price of UK property, is too high a barrier to overcome.”