A 23-month high has been seen in the number of
first time buyers searching for mortgage advice at website unbiased.co.uk.
New figures show searches from those looking to get their foot on the property ladder accounted for 41 per cent of all enquiries in January.
This compares to 36 per cent in December, and chief executive Karen Barrett said this suggests there is a "real momentum" in the first time buyer market.
Housebuilders and developers are also responding to demand from first time buyers, with events to bust the myths surrounding mortgage financing, with Taylor Wimpey holding an event at its
Oaktrees development in Borehamwood this weekend.
On Sunday February 12th, experts will be on hand from 11am to talk people through their options for buying a property, including using the government's FirstBuy scheme, which may require a deposit of just five per cent.
Ms Barrett added: "We are seeing an increasing number of high loan-to-value mortgages return to the market which can only be good news for first time buyers trying to get their foot on the ladder."
See Also: Property News (6705)
Date Published: 09 February 2012
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