should you buy a new house now? Key data – .

should you buy a new house now? Key data – .

The ONS found lenders were willing to give people £ 30,000 less in recent months, as the average second quarter advance was £ 328,000.

The same goes for first-time buyers, who have also seen their income and their advances fall.

Just like the prices of homes in their category, they are the lowest across the board.

The average first-time buyer now orders around £ 50,000, which means their income has depreciated by £ 5,000 compared to last quarter.

And they will likely have to use more than the equivalent of their annual salary to add advances.

The average down payment for a first-time buyer is now £ 172,000, which is £ 52,000 less than the £ 224,000 he needs for a house.


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