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New Home Buyer Data In: 56% of 2019 Purchases Were By 1st Time Buyers

By Team Focal

Move comparison site Reallymoving has recently released data about house buying and moving trends in the UK.

 

According to their findings, 56% of all home purchases in 2019 were by first time buyers and over 20% of them used a Government scheme to help them buy their home.

 

Other findings included:

 

  • Friday, 30th August was the busiest day of the year for house moves
  • Friday was the most popular day to move home
  • First time buyers paid an average £677 in conveyancing fees
  • Those buying & selling paid an average of £1154 in conveyancing fees
  • The average deposit of first time buyers was £28,800 (16% of the purchase price).


To read more of the Reallymoving findings, head over to Estate Agent Today here.

Tags: Estate Agent News

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