First Time Buyers Hit A Six-Year High - As Numbers Rise And Deposits Fall! (North)

NEW research puts first time buyers in the driving seat – suggesting a six-year high in the number of FTBs, a drop in the average deposit and a lean towards Help To Buy.

Figures released as part of the First Time Buyer Opinion Barometer (carried out by LSL Property Services plc) marks great news not only for those looking to step onto the housing ladder, but for developers offering new homes through Government-back cost curbing incentives.

Highlights of the report:

Regional award-winning house builder Linden Homes has enjoyed huge success in helping first time buyers and existing homeowners, move through Help to Buy.

Current company figures reveal that 47 per cent of new homes sales are through the Help to Buy incentive and 44 per cent of sales are to first time buyers aged 30 and over.

With a portfolio of properties ranging from chic apartments to family homes – there is something for every budget, taste and living requirement at Linden Homes’ range of developments.

And with the scheme available at most developments – now is the perfect time to think about moving with assistance from Help to Buy.

Here’s how it works:

Linden Homes sales director Steve Woomble said: “This latest report on first time buyer activity does make interesting and encouraging reading – and for the Help to Buy scheme in particular, which for us as a new homes developer means we can meet the growing needs and ease the financial burdens of those looking to step onto the housing ladder.”

With a vast property portfolio at carefully chosen locations across the region – Linden Homes has plenty to offer the rise in first time buyers.
With a vast property portfolio at carefully chosen locations
across the region – Linden Homes has plenty to
offer the rise in first time buyers.

-ENDS-

For further press information please contact Cetti Long at Media Matters on 01733 371363 or email cetti@mediamatters-pr.co.uk

25 February 2014

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