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First-time buyers fall to ‘lowest level in a decade’
A woman looking at advertisements in an estate agents window, July 20, 2023

CAMPAIGNERS have blasted a lack of regulation in the housing market that leaves people trapped with no choice but to hand over their wages to landlords.

Today’s condemnation came as new figures revealed that the number of first-time buyers had plunged to its lowest level in a decade. 

Figures issued by the Yorkshire Building Society showed that the number of first-time buyers in the mortgage market in 2023 stood at 290,000, shrinking by a fifth compared with 2022. 

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