Accord now allows first-time buyers to borrow up to 5.5 times their income without a minimum income requirement.

First-time buyer searches have dropped 27.29% since May.

The sharpest drop occurred in 2023, with first-time buyer interest at 59%, a 13% decline.

Building societies and mutual-owned banks increased mortgage balances by £7.5bn and savings balances by £8.8bn in six months.

Renting now costs an average of £259 more per month than a typical first-time buyer mortgage payment,

The government plans to consult on reforming the Lifetime ISA and creating a replacement ISA designed specifically for first-time buyers.

72% of respondents to a new survey from LRG have indicated that they prioritise support measures other than stamp duty relief, including lower-deposit mortgages and faster approvals.

Help to Buy has supported 387,195 households into homeownership, including 328,346 first-time buyers.

First-time buyers now pay an average of £2,315 when moving, 6.5% more than last year.

A fifth of would-be buyers are unaware of any support schemes, according to the latest Shawbrook research.