The situation for first-time buyers has developed into a real social problem. The average house price is now seven times the average salary and set to reach nine and a half times by 2026 (Halifax 2007). The number of first-time buyers coming onto the market has significantly dropped over the last few years and many first-time buyers are more reliant than ever before on help from parents to get their foot on the property ladder. Most first-time buyers aspire to own their own home and are very unhappy about the prospects of renting long-term.

NHMB is campaigning to highlight the issues facing first-time buyers and practical solutions to assist them.

03/03/2008
New Homes Marketing Board chief says scrapping Stamp Duty for first time buyers is now urgent

22/12/2007
Plight of first time buyers a national disgrace

26/10/2007
THE ‘LOST GENERATION’ OF FIRST-TIME BUYERS WHO FEAR THE PROSPECT OF RENTING FOREVER

02/10/2007
Worsening plight of first-time buyers is now a real social problem, YouGov poll shows

28/06/2007
Call for urgent action plan to help first-time buyers - the ‘new poor’