£355 per month cheaper for First time buyers
They say you can’t have your cake and eat it too. But for many first-time buyers right now, falling mortgage rates are helping to prove otherwise.
On the average UK first-time buyer mortgage, monthly repayments are around £355 cheaper than they were three years ago. That saving can make the difference between simply scraping by and still being able to enjoy some of life’s little extras ... whether that’s a holiday, hobbies, or just breathing room in the budget.
Of course, we know that buying a home still feels out of reach for some. Yet for those who are ready to take the leap, this shift in affordability is worth knowing about.
