UK sees more first time buyers granted property loans

[Nicholas Wallwork]

There has been a resurgence in the number of first time property buyers in the UK being granted loans, according to the latest figures from the Council of Mortgage Lenders. Increasing the number of homeowners able to get in the first rung of the property ladder is regarded as the key to reviving the country’s [...]

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[expo09]

Well, at least it's a starting points. Still a lot of people being priced out the market though. Slightly lower prices than a few years ago, but much harder to get a mortgage. Kind of ironic that it was easier to buy a home when prices were higher.