Over 10% of buyer deposits are now funded by the Bank of Mum and Dad

Despite the huge increase in monthly costs, Rightmove estimates that average payments are still £155 lower than their peak in July 2023.

Difficult compromises surrounding smaller properties, increased financial risk, and tighter budgets should be weighed up carefully following next month's deadline.

Buyers are predicted to pay a collective £142 million in additional stamp duty tax.

Brokers have warned that the market needs to improve if it is going to meet the changing needs of first-time buyers.

Ben Thompson, Deputy CEO at Mortgage Advice Bureau highlights some of the additional costs first-time buyers may not be fully aware of when purchasing their first home.

The cost of a typical first home is now £311,034, according to new figures with average deposits now in excess of £61,000.

New research reveals that a significant number of young people in the UK are giving up on their entrepreneurial dreams due to fears it may jeopardise their chances of securing a...

From the 1st of April, the stamp duty nil-rate threshold for first-time buyers will drop from £425,000 to £300,000, while for other buyer types it falls from £250,000...

Just a third of homes listed for sale are classed as affordable