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2. First-time buyer - Wikipedia

   en.wikipedia.org/wiki/First-time_buyer

   A first-time buyer is usually desirable to a seller as they do not have to sell a property, and as such will not involve a housing chain. [2]In the US, Canada, [3] and Australia, [4] the average age of first-time buyers is usually around their mid-30s, [5] [6] while in the UK it's between 25 and 34 years old.

3. Help to Buy - Wikipedia

   en.wikipedia.org/wiki/Help_to_Buy

   Since flats are often the first step on the UK housing ladder, the majority of first-time buyers who had bought property using the UK government's help to buy scheme found themselves unable to sell their properties from 2019 due to the United Kingdom cladding crisis, which saw a collapse in confidence among mortgage lenders in the regulation of ...

4. Chain-free property - Wikipedia

   en.wikipedia.org/wiki/Chain-free_property

   The term 'property chain' is common in real estate, especially in the UK.The chain is the line of people buying and selling. For example, there might be a first-time buyer trying to purchase a small flat, another person waiting to move from the flat to a small house, another person waiting to move from the small house to a larger house, and so on.

5. Stamp duty changes ‘will motivate’ first time buyer boom in ...

   www.aol.com/news/stamp-duty-changes-motivate...

   Looming changes to stamp duty will give first-time buyers “greater motivation” to get on the housing ladder, British bank Halifax has said. The average price of a home in the UK reached nearly ...

6. First-time homebuyer guide - AOL

   www.aol.com/finance/first-time-homebuyer-guide...

   Most first-time homebuyers get a 30-year, fixed-rate mortgage. Step 3: Get quotes from at least three mortgage lenders Comparing mortgage loan offers is one of the essential steps to buying a house.

7. Thinking about buying your first home? What to know before ...

   www.aol.com/thinking-buying-first-home-know...

   Considering buying your first home, but aren't sure where to begin? ... and prospective first-time homebuyers should closely examine the differences. ... meaning a $300,000 home could come with ...

8. Chain (real estate) - Wikipedia

   en.wikipedia.org/wiki/Chain_(real_estate)

   The remaining chain fragments must find new buyers and sellers to form new chains. A chain begins with a household buying a house without selling their current house. Examples: A household that does not currently own a house. This may be a first time buyer, such as a household moving out of rented accommodation. It may also be the result of a ...

9. UK first-time buyer numbers rise at record rate - AOL

   www.aol.com/news/uk-first-time-buyer-numbers...

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