First time buyers: time to take the plunge? - Citywire

First time buyers: time to take the plunge? - Citywire

For first time buyers homes are now at their most affordable in seven years thanks to low interest rates and falling house prices.

And the threat of an early rise in interest rates has now receded with yesterday’s shock GDP figures showing a contraction in the economy of 0.5% in the fourth quarter of 2010. If we have another three months of negative growth, the UK is officially into a double dip re