Monday 8 August 2011

Most of the UK is a first-time buyer blackspot, according to Rightmove | Mail Online

Most of the UK is a first-time buyer blackspot, according to Rightmove | Mail Online

Seven out of the 11 regions in the UK have become ‘first-time buyer blackspots’ as demand for those trying to get on the property ladder slumps due to rising living costs, a new report has claimed.

Just over a fifth of houses sold this year will be bought by first-time buyers - half the level considered healthy for the economy, according to research by property website Rightmove.


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