Typical mortgage rates of around 5% for first-time buyers with a 10% deposit mean that - despite owning a home being historically cheaper than renting - the cost of a monthly mortgage...

Homebuyers report now needing an additional £13,530 on top of the property price to cover taxes and fees.

The value of the first-time buyer market topped £106bn in 2024

A lack of meaningful housing policy has condemned the fates of thousands hoping for a reprieve ahead of next Tuesday's deadline.

First-time buyers are being warned of the little-known essentials they may need when buying their first home.

Over 10% of buyer deposits are now funded by the Bank of Mum and Dad

Despite the huge increase in monthly costs, Rightmove estimates that average payments are still £155 lower than their peak in July 2023.

Difficult compromises surrounding smaller properties, increased financial risk, and tighter budgets should be weighed up carefully following next month's deadline.

Buyers are predicted to pay a collective £142 million in additional stamp duty tax.

Brokers have warned that the market needs to improve if it is going to meet the changing needs of first-time buyers.