The property ladder

View over Woolacombe

Renewed enthusiasm for owning a home saw first-time buyers hit the highest level for two years in June, new figures show, but the number climbing onto the property ladder is stuck at less than half the 30-year average.

While the number of new homeowners has continued its slow climb from the record lows seen three years ago, many are still being squeezed out by the sizable deposits needed to access the best mortgage rates. Read more:

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