Home buyers

Restrictions over the last year have helped first time buyers save to get on the property ladder

Lockdown has helped a third of homebuyers get on the ladder

It’s been a long road and the end is (hopefully) near, with an exit plan in place to gradually reduce lockdown restrictions.

However, Yes Homebuyers has found that there has been one silver lockdown lining for 27% of recent homebuyers, who say that the numerous stretches of restrictions over the last year have helped them save to get on the property ladder.

Lockdown...

Housing market has  benefited from strong demand partly driven by the temporary Stamp Duty holiday

Over 65s earn £9,200 in a year from their homes

Over-65s saw their property wealth increase by more than £9,200 each on average in the past year as the housing market benefited from strong demand partly driven by the temporary Stamp Duty holiday, analysis* from UK’s leading independent equity release adviser Key shows.

Total property wealth owned by over-65s who have paid off mortgages is valued at £1.224 trillion and has...