Summary
THE average first-time buyer mortgage has increased by more than 170 per cent since 1996, according to a report by leading online mortgage comparison service mform.co.uk.
New buyers are having to borrow an average 120,500 just to get a foot on the property ladder, compared with just 39,811 in 1996.See the full content of this document
Extract
First-Time Loans Hit 120,500
Based on this growth rate in house prices it is...
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