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first time buyer

  • First time buyer borrowing jumps a third in 2025

    Property

    Borrowing by first time buyers has increased by just under a third year on year as access to finance loosened and Brits rushed to get on the housing ladder. Mortgage lenders forwarded a record £82.8bn of mortgage debt to 390,000 first time buyers in the year to September 2025, according to analysis by Savills, a [...]

    First time buyers celebrating in front of a sold sign, representing a significant increase in mortgage borrowing in 2025.
  • Generation ‘locked out of home ownership’ in UK housing crisis

    Property

    The ‘stark’ affordability crisis facing Britain’s would-be homeowners is locking a generation out of the market, according to a new report. The research – created by Skipton Building Society in partnership with Oxford Economics – finds 98 per cent of adults living with their parents cannot afford to buy a house in their local area. [...]

    Stuart Haire has been CEO of Skipton since 2023.
  • Buyer’s market keeps house prices in check in February

    Property

    House prices rose by less in March as the number of homes on sales rose faster than demand, according to fresh data. The average house price in the UK ticked up by 1.8 per cent in February versus 1.9 per cent in March, while the number of homes available rose 11 per cent year on [...]

    Londoners earn a lot but spend very little, according to a new report on regional inequalities.

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