The amount of first time buyers in the UK, boosted by record low mortgage rates and high employment rates, is currently at its highest rate since 2007. This is despite the average deposit now being £32,000. The amount of first time buyers was 75% higher in 2016 than it was in 2009, shortly after the global financial crash. The average deposit has doubled since 2006.
First-time house buyers reach nine-year high, says Halifax – Sky News