The percentage of first-time-buyers in the UK market has jumped four percentage points year-on-year, according to Rightmove.
According to its first-time-buyer report, 27 per cent of those planning to buy a home in the next 12 months will be taking their first steps onto the housing market, compared to 23 per cent this time last year.
However, the financial crisis is still putting off a large number of people from making the jump to homeowner, with the figure well below the pre-credit-crunch norm of 40 per cent.
The survey found that most of the first-time-buyers coming into the market are university graduates (69 per cent), while those that have come through university are likely to have an average deposit £10,000 more than those that have not been to university.
Loading ...