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Many would-be first-time buyers may feel disenchanted with their search for a property, as they are often asked to save huge deposits to secure a mortgage. However, those who want to move and believe they can only look at property to rent, rather than buy, should check out the FirstBuy scheme.
If you are a first-time buyer it can be tough to secure the mortgage that you need. And, not everyone has parents who can help out by putting their hands in their pockets to help you with your deposit. So, getting onto the housing ladder has been tough for thousands of people over recent years.
Saving up your deposit can be your biggest challenge if you want to buy a home. First-time buyers are finding it particularly hard to get on the property ladder as lenders ask for higher and higher deposits for their best mortgage deals. So we've put together a guide to three different ways you can get onto the property ladder.
Taylor Wimpey has an impressive range of new-build homes for sale in Nottinghamshire in the East Midlands, including apartments and family houses - many of which are within easy commuting distance of the thriving county city of Nottingham.
Milton Keynes has been named as the UK's first-time buyer hotspot, where they make up almost one in 10 households (9.5%) in the town, closely followed by Dartford (9.3%) and Swindon (8.9%).
The research by Experian shows that areas surrounding London dominated the top 10 list, with all located within commutable distance from London.
The first-time buyer share of the housing market fell back to a three-year low last autumn but has shown a slight recovery in recent months.
A number of developers are offering FirstBuy on a wide range of fantastic affordable new homes in East Sussex.