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MSE News: First-time buyer levels up despite 'minefield'

Former_MSE_Helen
Former_MSE_Helen Posts: 2,382 Forumite
in House buying, renting & selling
"The proportion of people planning to take their first step on the property ladder has risen..."
Read the full story:
First-time buyer levels up despite 'minefield'

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Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560
    Part of the Furniture 10,000 Posts Combo Breaker
    Forumite
    FTB's not up then? Just people planning on buying being up?

    This....based on a rightmove poll?
  • poppy10_2
    poppy10_2 Posts: 6,597
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite
    "Some 27.9% of people who told the property search website in April they intended to buy a home in the next 12 months said they would be first-time buyers."

    Worst statistic ever. Was it really worth reporting this dross press release?
    poppy10
  • abaxas
    abaxas Posts: 4,141 Forumite
    poppy10 wrote: »
    Worst statistic ever. Was it really worth reporting this dross press release?

    I do love the conclusions they put on these reports.

    Normal market conditions... housing +10%
    Potential default in euro zone.... housing -2%

    Always make me chuckle.
  • ashleyriot
    ashleyriot Posts: 89
    Ninth Anniversary Combo Breaker Debt-free and Proud!
    Forumite
    I'm seriously thinking about going to the moon next year.

    This does not mean that it will happen.

    There is no statistic here.
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Rightmove have to create a positive spin with loaded questions otherwise it would find it harder to charge its high fees to estate agents. It could never tell the truth about falling properties or adjust the way its deeply flawed asking price monthly data is produced.

    After all Rightmove is a vested interest in ramping prices high.

    As a first time buyer I will buy when prices are affordable so I don't take on the sellers overstretched debt. I will continue to ignore Rightmove.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
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