Regardless of the recent state of the market, purchasing property to live in remains a sensible financial investment for most people.
The property market is generally flat despite the low interest rates. Any significant increases have largely been down to investors buying properties to let out. With a shortage of properties to let, the level of rental income has been rising.
While investors are benefiting, it does not help First-Time Buyers and those who are looking to move. Most First-Time Buyers are having to either borrow deposits from their parents or look to take advantage of the assistance being provided by several schemes for purchasing newly built properties.
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