House prices may have been stagnant in many areas for the last few years but with the average home still costing £163,803 according to Halifax, getting on to the property ladder remains a dream for many. The average age of a first time buyer is 37 according to new research from MoneySupermarket and more than four in 10 non-homeowners have given up on buying altogether. There are still ways to get on to the housing ladder, though. Read on for our five top tips for first time buyers…
By Clare Francis
Start saving for a deposit now
Consider 90% loan-to-value mortgages
Look into government schemes
Increase your chances of getting a mortgage
Buy with a friend or partner
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