first-time buyer


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first-time buyer

[ˈfɜːstˈtaɪmˈbaɪəʳ] nacquirente m/f di prima casa
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In Liverpool, the average first-time buyer would need an PS18,320 deposit, which is based on 15% of the purchase value of the house, and, although there is no stamp duty tax relief, buyers are at a 20% advantage to buy rather than rent in the city.
The average age of a first-time buyer across the UK in 2017 was 31, two years older than a decade ago.
L&C Mortgages has forecast that the average first-time buyer deposit could rise by nearly 60% over the next 10 years.
But some parts of Wales - Gwynedd, Blaenau Gwent and Torfaen - saw the average first-time buyer house price fall.
Many of these first-time buyers, and prospective first time buyers, will find it hard to get their heads round the figures in the survey, suggesting that the average first-time buyer price in the UK is now PS207,693.
During the first half of 2017, 47 per cent of all house purchases with a mortgage across the UK were made by first-time buyers, according to the Halifax First-Time Buyer Review.
The Halifax First-Time Buyer Review also showed that there were more first-time buyers in 2016 than at any time since the start of the financial crisis, with an estimated 335,750 buyers last year, the highest figure since 359,900 in 2007.
THE average age of a first-time buyer in Northern Ireland is 31 - that's a year over the UK figure.
November 2014 saw 34,300 first-time buyer completions, 15% higher than 29,900 in October and almost a third (30%) more than 26,400 a year ago.
However, the average age of a first-time buyer has increased to 30, from 29 a year ago, and the typical deposit required is 20 per cent, compared with the deposit of around 10 per cent put down in 2007, Halifax found.
The number of first-time house buyers in the UK reached a five-year high in 2012, thanks to falling house prices and improved mortgage availability, according to Halifax's First-Time Buyer Review.
Changes to tax and National Insurance has put Au430 more cash per year in the average first-time buyer s pockets.