The number of buyers in the United Kingdom for the first time increased by 20 % in 2024

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The number of buyers in the United Kingdom jumped for the first time by almost 20 percent in the past year and calculating a record share of the new home mortgages, according to the research indicating the impact of borrowing costs on demand.

About 341,068 Purchases for the first time On Friday, the Halifax lender said on Friday, two years of contraction, an increase of 19 percent over 2023. The numbers are based on the United Kingdom’s financing data on transactions with mortgage.

Halifax said that buyers for the first time represent 54 percent of all property purchases that include a real estate loan, the highest percentage since it started collecting similar data in 2014.

He added that many buyers for the first time bought a “association”, with nearly two -thirds of the mortgage completion between this group last year in two or more names.

Amanda Praiden, head of real estate loans in Halifax, said that the jump in the purchases for the first time may reflect “an improvement in the ability to bear the costs of mortgage, as interest rates and stability have declined, providing more certainty for those who move to the ladder.”

Real estate mortgage prices decreased since its peak in the summer of 2023 after the low interest rates in the Bank of England, which led to a decrease in monthly payments.

Barclays and Santander announced the mortgage products on Thursday with Rates less than 4 percent For the first time since November, England is expected to reduce its record price this year.

Toby Lake, president of Naea PropertyMark, who talks about real estate agents, said that the number of buyers for the first time was “positive”, but added that the number had been strengthened at the end of a closing holiday in March.

He said: “In order to transfer people all over the country to the long -term housing ladder, we need to start seeing more homes of all types and possession that is built to reduce home prices.”

Despite the decrease in mortgage rates, Halifax reported serious challenges in the ability to withstand costs, as the new model buyer has to put a 61,090 pounds of pounds in 2024, or about 7500 pounds more than the previous year.

In London, where the average house costs 512,000 pounds and demand for housing is particularly severe, Jupiter’s model deposit for the first time reached 125,000 pounds.

Halifax said that the average cost of Jupiter’s house for the first time in the UK was 311,034 pounds in 2024, an increase of 8 percent from the previous year, and the average buyer was for the first time last year, the highest life in the past two decades.

In the fiscal year until March 2024, 31 percent of buyers said for the first time that family and friends had “some assistance” with a deposit, up from 22 percent in the mid -1990s, according to separate data from building society at the country level.

9 percent of buyers’ deposits were first secured by inheritance.