First-time buyers 'confident'

15-May-2009

A confidence among first-time buyers is one of the significant property market trends of late, according to the National Association of Estate Agents (NAEA).

In a statement, the professional body for estate agency indicated that those searching for their first property are more positive about being able to make money on their new home investments.

The NAEA also said there are a number of bargains to be found out on the market at present.

Despite the positive comments, the organisation laid down a few rules to ensure the property market progresses.

"Responsibility is now the key to market success," it stated. "The major lenders must be responsible rather than draconian with their lending."

NAEA reflections on the market come on the back of the publication of the latest figures from the Council of Mortgage Lenders.

Lending for house purchasing was up four per cent in March, while it accounted for 35 per cent of all home loan lending during the month - the largest proportion of overall activity for almost 18 months.

FirstRungNow.com - how to buy a house, from finding your first flat or first house, first time buyer mortgages, shared ownership, buying with friends, gifted deposit, part buy part rent - all a first time buyer could possibly need.

First-time buyers 'vital for housing sector recovery'
Stamp duty holiday extension will 'encourage' first-time buyers
Increase in mortgage approvals for first-time buyers

2012: Feb | Jan

2011: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2010: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2009: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2008: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2007: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2006: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2005: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar