FTB hotspots identified

Published on

The UK’s property hotspots for first time buyers are Milton Keynes, Dartford and Swindon, according to Experian PropertyCheck.

It claims first-time buyers in the UK have been moving to Milton Keynes, where they make up almost one in 10 households (9.5%) in the town, closely followed by Dartford (9.3%) and Swindon (8.9%).

Peter Turner, managing director of Experian Interactive, UK&I, said: “In spite of difficulties across the country in getting that first foot on the property ladder, online indicators suggest the market is improving for first time buyers.

“Year-on-year searches for ‘first time buyer mortgage’ were up 8-fold and searches for ‘95% mortgages for first time buyers’ more than doubled in the last 12 months.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

FCA warns consumers over pressure tactics in debt advice market

The Financial Conduct Authority has warned consumers to be alert to firms using pressure...

Latest publication

Other news

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for...

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...