A journalist at Mail Online is looking for some quick responses on Aldermore's first-time buyer index which says:
- FTBs have had to raise extra deposit of £23,000 since March 2020 due to price rises
- Nearly three in five (58%) first time buyers in the UK that bought since March 2020 had to raise a larger deposit than intended
- Half (49%) experienced a house purchase fall through, costing on average £2,403
- Additional fees and delays involved with buying a home cost first time buyers an average of £4,486
- Over half (52%) had to leave their house empty for a few months because they couldn’t afford furniture
She's keen to know whether things are set to get a bit better for first-time buyers - or are they already - now the market is ostensibly cooling down? They are still enjoying low mortgage rates, and may have less competition in the market, so is now a good time to buy? Keep your responses short and sweet!