New hotspots for first-time buyers

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Revealed: Latest property hotspots for first-time buyers.. they are the top three most affordable cities for first-time property buyers. New research by Post Office Money reveals that homes in Southampton are the most affordable for those taking their first step onto the property ladder.

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But we can help you avoid the biggest mistakes. And, as it turns out, some homes just aren’t right for the average first-time buyer. Go ahead and take a look. 1. The one that’s a little too ‘cozy’

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Research compiled by Inspired Homes reveals London’s new-build hotspots for homes in reach of first-time buyers. Selecting over 100 postcodes in Greater London and only new-build properties under the 600,000 Help to Buy threshold, the research identifies the areas in greatest demand by looking at the time properties typically take to sell and ranks them on affordability.

The data, released by Statistics New Zealand, shows foreign buyers targeted hotspots such as the economic hub of Auckland and the southern tourist destination of Queenstown, stirring debate around the.

Milton Keynes has been named as the UK’s first-time buyer hot spot, with this sector of the market making up nearly one in 10 households there. Hotspots for buyers. Bradd Bendall, GM of real estate operations at Pam Golding Properties said first-time buyers and young professionals are seemingly attracted to new residential developments.

The prospects for first-time buyers are looking better than they have in years, thanks to new help for those keen to jump aboard the ladder. The recent abolition of stamp duty for property up to 300,000 represents a valuable reduction in entry costs for buyers already struggling to raise huge deposits.

Strong first-time buyer activity is vital for a healthy property market. If prices rise or mortgage lending criteria become tighter, buyers have to wait longer to get on the ladder. If stock in.

While home prices remain high thanks to an inventory crunch, more millennials are becoming first-time home buyers as they approach their late. online loan marketplace LendingTree analyzed new.