The number of young professionals looking to buy property for the first time has risen to the highest level in two and a half years.
Despite the "minefield" of difficulties they face, the more than a quarter of home buyers surveyed by Rightmove in April were purchasing property for the first time.
This "surprising" determination found by the property website comes despite the ending of a two-year first-time buyer concession in March which was followed by a dip in mortgage lending, tough employment conditions, mortgage rate hikes, and lenders tightening their borrowing criteria.
Some 27.9pc of people who told the property search website in April that they intend to buy a home in the next 12 months said they would be first-time buyers.
This is the highest share since the survey began in the winter of 2009, when potential first-time buyers made up 27.6pc of the study.
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