A report published this week by UK Finance stated that despite a fall in December compared with the previous year, the number of first-time buyers completing with mortgages in 2017 was at its highest level since 2006 with approximately 365,000 completed purchases. This amounted to a 7.4% increase on the previous year with 340,000 completions in 2016. Interestingly also, the average age of a first time buyer in 2017 was 30 years old. This is a telling increase and a trend that we certainly hope will continue into 2018, particularly on the back of a reduced demand at the lower end of the market from buy-to-let investors who are now facing more challenging tax and regulatory demands. Whilst interest rates remain low, buying your first home continues to be a surprisingly affordable option compared to renting. Our associates at the Mortgage Advice Bureau are always happy to help with advice if you are considering getting on the property ladder. 2018 might just be the year to do it! Give any of our four sales branches a call and we will be happy to put you touch with a mortgage adviser who will be pleased to talk you through your options and answer any questions that you may have.