15% Increase in First Time Buyers

15% Increase in First Time Buyers

With the help from government schemes such as Funding for Lending Scheme more first time buyers are realising their dreams and buying their first property. In April this year, the Council of Mortgage Lenders (CML) reported the highest number of first-time buyers entering the market for five years. Compared to last year there has been a 15% increase in first time buyers however the scheme may inflate house prices so may prove to be counter productive.

Check out the full story here: http://www.bbc.co.uk/news/business-22781594

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