First-time buyers have been the hardest hit by the surge, forcing them to consider renting in the short-term while they wait to see where“It’s completely understandable why some buyers, particularly some first-time buyers, are waiting for some more financial certainty,” Tim Bannister, property expert at Rightmove said.
are settling down, the indicators are that they will stabilise at aThe survey found 42% of would-be first-time buyers planning to get on the property ladder in the next few years have already saved their total deposit as they wait forlight the mounting pressure facing renters, who are already contending with a huge surge in bills as the costs of energy, petrol, food and council tax increase.est inflation in 41 years.
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