In November 2017 , the number of UK first - time buyers matched the number of people at home , as a result of attractive mortgage deals . The month saw 36,200 first - time buyer mortgages , a 5.8 % YoY increase , with the £ 6bn ( $ 7.8bn ) in new lending up 9.1 % YoY. At the same time , 36,200 home - mover mortgages were finalised , up 1.1 % YoY , with £ 7.8bn of new lending , a 5 % increase . But Steve Seal, director of sales and marketing at Bluestone Mortgages, pointed out that not all buyers are experiencing the same level of growth, particularly borrowers with complex financial backgrounds. The rise in first - time buyers was due to competitive deals and schemes such as Right to Buy , according to UK Business .
In November 2017 , the number of UK first - time buyers matched the number of people at home , as a result of attractive mortgage deals . The month saw 36,200 first - time buyer mortgages , a 5.8 % YoY increase , with the £ 6bn ( $ 7.8bn ) in new lending up 9.1 % YoY. At the same time , 36,200 home - mover mortgages were finalised , up 1.1 % YoY , with £ 7.8bn of new lending , a 5 % increase . The rise in first - time buyers was due to competitive deals and schemes such as Right to Buy , according to UK Business .