A report by the Building Societies Association suggests that buying a home in the UK is now less of a challenge than it has been in the past six years. The report covers factors such as raising a deposit, obtaining a mortgage and the affordability of repayments. 52% of buyers said that raising a deposit is still a hurdle, however this is down from 69% in September 2015 and 59% in September 2011. The news comes as the Royal Institution of Chartered Surveyors (RICS) said that thenumber of homes for sale fell to a new record low in November making it difficult to find a property to buy.
A report by the Building Societies Association suggests that buying a home in the UK is now less of a challenge than it has been in the past six years. The report covers factors such as raising a deposit, obtaining a mortgage and the affordability of repayments. 52% of buyers said that raising a deposit is still a hurdle, however this is down from 59% in September 2015 and 69% in September 2011. The news comes as the Royal Institution of Chartered Surveyors (RICS) said that thenumber of homes for sale fell to a new record low in November making it difficult to find a property to buy.