Viewing entries tagged
Global financial crisis

The rise of the first-time buyer – Is this the return of generation buy?

The rise of the first-time buyer – Is this the return of generation buy?

There are more first-time buyers (FTBs) finding a way to get a foot on the property ladder than at any time since the Global Financial Crisis in 2008. Since 2011, the number of loans to this group has risen by over 75% and, in the last year alone, over 339,000 loans were issued to FTBs, according to the Council of Mortgage Lenders.