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


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)

Tagged

Housing

Latest news

Women and millennials help drive £17bn+ franchise sector to record levels

New research from NatWest and the British Franchise Association (bfa) highlights changes and profitability in the sector.

Winners announced for Skills & Opportunities Fund

52 winning organisations have been announced for round two of the 2018 Skills & Opportunities Fund.

RBS Multicultural Network meets Eric Holder, 82nd US Attorney General

Simon McNamara, RBS Chief Administrative Officer and Executive Sponsor of the RBS Multicultural Network, recently hosted an event in discussion with Eric Holder, the first black US Attorney General. They discussed career, ethnicity, diversity and even a little bit of politics. At the event, Eric Holder shared his wisdom and experience with attendees from the RBS Executive committee and RBS Multicultural Network. Simon McNamara blogs about his experience meeting Eric, a BAME role model, and why diversity is so important to RBS.

Set Tab for lightbox