First Time Women Buyers Prefer Renting

Fri, 19 Aug 2005

by e-women.com 19 August 2005

1 in 4 first time womwen buyers rely on support from their parents to get on to the property ladder, research has shown. Over 60% of first time buyers said they would have been unable to purchase a home without financial help for their family. A slight yet increasing mortgage market, designed to ease the transfer of funds from almost complete home loans to new purchases has developed as the cost of property has made it harder and harder for first time buyers to get on the property ladder. Parents are using their savings to significantly reduce the mortgage burden of their children. "Buying a house is a major financial decision for most of us. Making it as affordable as possible is usually top of the list for most first time buyers," Andrew Nicholson, market manager of the reports commissioners First Active told This is Money.

Related Estate Agents articles

House Sales Fall To Three A Month For Welsh Estate Agents - Wed, 12 Nov 2008

First Time Buyer Purchases On The Up - Wed, 05 Nov 2008

Buyers market now say estate agents - Fri, 31 Oct 2008

Property Website To Make 20 Per Cent Of Workforce Redundant - Wed, 29 Oct 2008

Estate agents walking a fine line - Fri, 24 Oct 2008

Increase In Property Enquiries Reported - Wed, 22 Oct 2008

London Property Prices Down 20 Per Cent - Wed, 15 Oct 2008

Dramatic Changes Lie Ahead For Estate Agency Profession - Thu, 09 Oct 2008

Decline In House Prices Recorded For 12th Month In A Row - Wed, 01 Oct 2008

Ombudsman scheme covers 90 per cent of estate agents - Fri, 26 Sep 2008

More news...

Link to this page

Copy and Paste the following HTML into your page.<a href="http://www.estateagents.co.uk/News/2005/Aug/first-time--women-buyers-prefer-renting.html" title="First Time Women Buyers Prefer Renting">First Time Women Buyers Prefer Renting</a>