{"id":167352,"date":"2025-12-15T07:01:15","date_gmt":"2025-12-15T00:01:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-mortgage-for-uk-first-time-buyer-hits-record-high-of-210800\/"},"modified":"2025-12-15T07:14:19","modified_gmt":"2025-12-15T00:14:19","slug":"average-mortgage-for-uk-first-time-buyer-hits-record-high-of-210800","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-mortgage-for-uk-first-time-buyer-hits-record-high-of-210800\/","title":{"rendered":"Average mortgage for UK first-time buyer hits record high of \u00a3210,800"},"content":{"rendered":"


\nPeople able to buy homes previously beyond budget, aided by rising wages and looser affordability testsFirst-time buyers are taking out larger mortgages than ever before as rising wages and looser affordability tests allow them to buy properties that were previously beyond their budget.The average first-time buyer borrowed \u00a3210,800 in the year to September, a record high, according to analysis by Savills, the property agent. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Average mortgage for UK first-time buyer hits record high of \u00a3210,800<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

People able to buy homes previously beyond budget, aided by rising wages and looser affordability...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-167352","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Hxe","jetpack-related-posts":[{"id":150586,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-looser-affordability-rules-may-widen-home-ownership-in-the-uk\/","url_meta":{"origin":167352,"position":0},"title":"How looser affordability rules may widen home ownership in the UK","date":"April 5, 2025","format":false,"excerpt":"\r Mortgage lenders encouraged by regulator to loosen affordability tests so would-be homebuyers can borrow moreUK mortgages: warning over big fees as homebuying season arrivesDuring the coming weeks and months, many more people may be able to buy a property they would previously assumed was out of their price range.One\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-tipped-to-rise-by-up-to-4-in-2026-as-affordability-improves-business-live\/","url_meta":{"origin":167352,"position":1},"title":"UK house prices tipped to rise by up to 4% in 2026 as affordability improves \u2013 business live","date":"December 15, 2025","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial newsAverage mortgage for UK first-time buyer hits record high of \u00a3210,800Natiowide also reports that the price gap between houses in the more expensive south and the cheaper north of England has shrunk to a 12-year low this year.This was partly due\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-in-london-earn-in-excess-of-50000\/","url_meta":{"origin":167352,"position":2},"title":"First-time buyers in London 'earn in excess of \u00a350,000'","date":"August 28, 2013","format":false,"excerpt":"\r CML data shows incomes of first-time buyers in London outstrips average, but affordability remains tighter than in the UK as a wholeThe average first-time buyer in London now earns \u00a352,000 a year, well ahead of the \u00a335,000 typical figure for the UK as a whole, according to latest data.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-still-unaffordable-for-many-people-says-nationwide\/","url_meta":{"origin":167352,"position":3},"title":"UK house prices still unaffordable for many people, says Nationwide","date":"July 1, 2024","format":false,"excerpt":"\r High mortgage interest rates and soaring bills hitting affordability despite wages rising above inflationBusiness live \u2013 latest updatesHouse prices in the UK remain unaffordable for many households despite wages rising above inflation for the typical earner, Nationwide has said.Britain\u2019s largest building society said house prices rose slightly in June\u2026","rel":"","context":"In "Property 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