First Time Buyer

Buying a property in the south of England is an extraordinary journey in suspended belief. What could buy you a manor just past the Watford Gap will get you a glorified shed in cities like Brighton. From this point on, potential homeowner, you must dispel all dreams of grandeur - this is a 'desirable' location after all, and if someone somewhere is prepared to pay out of the petunias for it, well, then so must you.
They say that two of the most stressful things in life are having a baby and moving house. This is hugely daunting and I'm happy to report that it's not true. I recently bought my first home and I wish I hadn't been so intimidated by it. The first port of call is, of course, budget and this is intrinsically linked with the mortgage offer...
Six months of house-hunting in London and I still haven't sealed the deal. But I have met estate agents. Dozens of them. And it is almost unsettling; they have not been the rude, arrogant, cretinous benders-of-the-truth that the generalisation might suggest. They are different. Or, more accurately: indifferent... I wanted to interview one of these guys to see what the market looks like from their end...
Young people's dream of owning their first home looks increasingly distant as a new study has shown how they have "borne
Financial assistance from relatives was needed for almost 20% of UK first-time buyer sales last year, a report has found
Banks are closing the doors on more and more first time buyers, with mortgage approvals at a 18 month low, figures revealed
According to The Department of Communities and Local Government there are more than 1.7million families on housing waiting lists. Considering that Local Authorities throughout England commissioned the building of just 380 new homes in Q1 2011 we are unlikely to ever eradicate that backlog.
Readers of the Daily Express are treated to regular front pages on the fact that there's only one way house prices can go and it is upwards, and that is always news to be celebrated. Hooray!