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The average age of first time buyers in the UK who buy a home without parental assistance is 37 compared with 34 five years ago.* Buying a property is becoming increasingly difficult and many would be purchasers are forced to rent as the scarcity of mortgages and level of deposits required and job uncertainly contribute towards a fragile buyers market.
The number of first time buyers in the UK has dropped to the lowest point in a decade and with the average house price in London nearly £325,000, it’s tougher than ever to get a foothold on the property ladder.* In spite of this current gloomy situation some developers, such as Higgins Homes, are launching a number of new developments which cater specifically for those seeking their first home.
Prices at Prime start from £99,950.
Cumberland Place
Hither Green
London SE6 1NB
T: 020 8697 4761
E: prime@higginshomes.co.uk
