First-time buyers schemes to help millennials afford first home | Property | Life & Style

But a national survey of first-time buyers by developers Countryside claims two thirds of under-24s are saving for deposits to buy a home and 92 per cent of respondents are planning to use the government’s Help To Buy scheme, which has been guaranteed until at least the end of 2020. Help To Buy (there are different versions depending on where you live) plus the recent stamp duty exemption for first-time buyers in England and Wales are to thank for this more positive outlook but there are also affordable homes available…

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House buyers smells they love and hate | Property | Life & Style

If you’re selling your house, the smell could be as important as how it looks.  According to a new survey, 86 per cent of Brits said the way a property smells could be the difference between putting in an offer or not.  And the nicer the smell, the more likely a potential buyer would be swayed to make an offer.  The smell of freshly baked bread was the most popular scent for 35 per cent of respondents, with coffee coming in second place at 32 per cent. Other odours that…

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Why first-time buyers are now seven years older than in the 1960s | Property | Life & Style

Today, first-time buyers will be in their thirties before they get onto the property ladder and pay a deposit of £20,622. In comparison, in 1960, the average first-time buyer was just 23 years old paying a deposit £595 on their first home – the equivalent of around £12,738 today. James Thomson, CEO of Keepmoat Homes, which commissioned survey of 2,000 people, said: “As the UK’s leading homebuilder for first-time buyers we understand better than anyone the challenges that come with getting onto the property ladder. “In fact we sell 72…

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