Market share for first time buyers hits low - CML

June 16, 2010
First time buyers had the lowest share of the house purchase market since September 2007, according to the Council of Mortgage Lenders (CML). CML said that first time buyers accounted for 35% of all house purchase mortgages, dropping from 39% in March and 38% in April 2009. “The low share of the market shows that getting a mortgage remains problematic …

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