Buying a Home in 2021: Everything first-time buyers need to know

Buying a Home in 2021: Everything first-time buyers need to know

There is no denying that the ongoing pandemic has had a devastating and transformative effect on our lives and the economy. However, despite this, the UK property market has not only survived, it is flourishing.

At the time of writing, UK average house prices are higher than ever, with annual house price growth hitting 10.7% in June. But although property prices are seemingly on a never-ending upward trajectory, presenting some of the most challenging conditions for first-timers to enter the market, the latest budget announcement gave some great incentives for first-time buyers to finally get on the property ladder. So if you’re looking to purchase your first home, now could be a good time to buy.
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An attractive and well-presented 2-bedroom end terrace, ideally positioned in central Attleborough. Recently redecorated throughout, the property offers a spacious lounge with French doors to a 30ft enclosed garden, a fitted kitchen, modern bathroom, and allocated parking, combining comfort with convenience.

Buying your first home in Attleborough is never easy, but it’s not as impossible as headlines suggest. While prices are high, history shows affordability is improving—mortgage costs now take a smaller slice of income than in past decades, giving today’s buyers more breathing room.