First-timers sell possessions to get on the ladder

23rd February 2018

A survey from Which? mortgage advisers suggests almost a fifth of first-time buyers have sold possessions to raise funds for a deposit. Meanwhile, the survey also shows 37% worked overtime and 22% avoided rent by moving back in or continuing to live with their parents. Which? principal mortgage adviser David Blake, commenting on the survey's findings, noted the "various options out there for first-time buyers, from Help to Buy ISAs to equity loans, and even shared ownership."

Evening Standard (22/02/2018)