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Firstrung - First Time Buyer Weekly News In Focus

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A familiar theme for first time buyers with this week news reaching the Firstrung team that first time buyers had finally reached an historic all time low in Scotland. With the average age now 37, buyers paying 30-40% over asking price and deposits at 20% - 23K with purchases at 5.5 times salary, these figures now represent the worst in the UK and Ireland.


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it other words. the fairness for all citizens plateu has been acheived.

Interesting thing is Fred, if the average age of an ftb reaches 40, (which it may well do in the next year or so), then the 25 year mortgage will be paid upon retirement.... :o (assuming it`s a repayment mortgage :unsure: )

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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