First-time property buyers caught between a mortgage deposit and a rental place | Money | The Observer
Prospective homeowners continue to be forced out of the housing market, with "first-time buyer blackspots" covering seven out of 11 regions in the UK and half of all UK tenants expecting rents to rise in the next year.
According to property website Rightmove, only 23% of people who intend to purchase a property in the next 12 months are first-time buyers, when 40% is considered normal for a healthy housing market. This drops to 17.6% in the south-west and Wales and is below 20% in five other regions across England and Wales: Scotland, the south-east, East Anglia, East Midlands, Yorkshire and Humberside.
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