Two thirds of first-time buyers team up to get on property ladder – Halifax
by Vicky Shaw
Jan 31, 2024
2 minutes
Nearly two-thirds of people taking their first step on the property ladder are doing so with someone else, according to a mortgage lending giant.
Some 63% of first-time buyer mortgages taken out between January and December 2023 were in joint names, involving two or more people, Halifax found.
Average property values for first-time buyers are now about 6.7
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