Rising living costs put squeeze on first time buyers despite mortgage costs falling to 2003 levels

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Rising living costs put squeeze on first time buyers despite mortgage costs falling to 2003 levels

A new Ability to Buy Index from RBS paints a mixed picture for first time buyers in Britain.

Economic Analysis

30 January 2012

While average mortgage payments have fallen to 2003 levels, it is now more difficult for first-time buyers to get a foot on the housing ladder than during the 2009 recession.

Download the full report:

Rising living costs put squeeze on first time buyers despite mortgage costs falling to 2003 levels - new RBS index shows (PDF 522KB)

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Housing

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