house buying

Average earners need £369K deposit for a London home

13th March 2025 Consumer Lending | #house buying

Buying a home in London requires an average earner to save a deposit of over £350,000 according to research by longer-term lender April Mortgages. With average house prices in the capital soaring to £581,310 – more than 12x the average income – average earners require huge deposits to afford a home. Based on a typical lending…

First-time buyers more optimistic about getting on the property ladder

7th February 2025 Consumer Lending | #house buying

After two Bank Rate cuts in 2024, and with markets forecasting further cuts this year, first-time buyers are feeling more optimistic about becoming a homeowner than they were a year ago according to analysis by the Building Societies Association (BSA). The research that more than half of aspiring homeowners (54%) think house prices will continue…

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house buying

Average earners need £369K deposit for a London home

First-time buyers more optimistic about getting on the property ladder

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