Converted Lurker Posted January 18, 2007 Share Posted January 18, 2007 First time buyers Overall 2006 saw a more hospitable market for the first time buyer who has consistently increased their market share from levels reported throughout 2005. This increase is indicative of a return of confidence in the market, undoubtedly helped by interest rates remaining at a level for most of 2006. However, the number of first time buyers decreased to 10.4% in December from 13.4% in November and from 16.4% in October. The hike in interest rates in November is almost certainly attributable to the decrease, as affordability continues to be a very real issue for this sector of the market First time buyers once again improved their market share in December compared to December 2005. This improvement from levels reported in 2005 is a continuing trend that has been reported by the survey for the last eight consecutive months. http://firstrung.co.uk/articles.asp?pageid...&cat=44-0-0 Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted January 18, 2007 Share Posted January 18, 2007 -1.6% by April then! Oct 16.4% Nov 13.4% Dec 10.4% Quote Link to comment Share on other sites More sharing options...
camem' Posted January 18, 2007 Share Posted January 18, 2007 -1.6% by April then! Does that mean we get paid to accept houses ? Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted January 18, 2007 Share Posted January 18, 2007 Does that mean we get paid to accept houses ? Or FTB's falling off the housing "ladder" and breaking their financial necks. Quote Link to comment Share on other sites More sharing options...
Converted Lurker Posted January 18, 2007 Author Share Posted January 18, 2007 Or FTB's falling off the housing "ladder" and breaking their financial necks. minus 1.6 percent priceless, might just use that Mike www.norung.co.uk Quote Link to comment Share on other sites More sharing options...
bomberbrown Posted January 18, 2007 Share Posted January 18, 2007 Oh dear. Are you just gonna copy and paste the same rant on every thread today? Quote Link to comment Share on other sites More sharing options...
enworb Posted January 19, 2007 Share Posted January 19, 2007 First time buyersOverall 2006 saw a more hospitable market for the first time buyer who has consistently increased their market share from levels reported throughout 2005. This increase is indicative of a return of confidence in the market, undoubtedly helped by interest rates remaining at a level for most of 2006. However, the number of first time buyers decreased to 10.4% in December from 13.4% in November and from 16.4% in October. The hike in interest rates in November is almost certainly attributable to the decrease, as affordability continues to be a very real issue for this sector of the market First time buyers once again improved their market share in December compared to December 2005. This improvement from levels reported in 2005 is a continuing trend that has been reported by the survey for the last eight consecutive months. http://firstrung.co.uk/articles.asp?pageid...&cat=44-0-0 I'm almost certain that if you used a random postcode in the land registry database, the trend would be a decline from October to December. Possible more so than your figures. Quote Link to comment Share on other sites More sharing options...
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