The West Midlands, London and Wales are identified as the least affordable areas for first-time buyers in Great Britain.

The West Midlands, London and Wales are identified as the least affordable areas for first-time buyers in Great Britain.
Laura Sneddon, head of mortgage sales and distribution at Hinckley & Rugby for Intermediaries, explains how their Income Flex product is helping a new generation of first-time...
66.5% of all homes listed for sale currently come in below the stamp duty free threshold of £425,000.
The lender has repriced 95% LTV residential and shared ownership mortgage products along with holiday let and expat buy-to-let rates.
The change could decrease the amount needed for a customer’s average new build deposit by £20,000.
IMLA says the wide-ranging regulation that was put in place in response to the financial crisis has hindered first-time buyers.
The average first-time buyer mortgage payment has significantly outpaced wage growth, which is up by 27% over the same five-year period.
Despite this, 68% of first-time buyers were unsure what shared ownership means.
When interest rates were at lower levels, most buyers with a 10% or 5% deposit found mortgage payments comparable to, or less than, their current rent.
One-in-five buyers are now over the age of 40.
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