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First home buyers ready to pounce

Eager first home buyers are keen to get their foot on the property ladder this year after building up savings during the pandemic. The property market has swelled with entry-level buyers in recent months and this is expected to continue throughout 2021 so experts have shared with SMARTdaily their key buying tips. New independent research compiled on behalf of Mortgage Choice quizzed more than 1000 respondents and found first-time buyers, in order to save and buy sooner, have done the following: • 86 per cent changed their saving and spending habits since the onset of the pandemic. • 60 per cent reduced spending. • 59 per cent are adding more money to their savings.

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