FTB hotspots identified

The UK’s property hotspots for first time buyers are Milton Keynes, Dartford and Swindon, according to Experian PropertyCheck.

It claims first-time buyers in the UK have been moving to Milton Keynes, where they make up almost one in 10 households (9.5%) in the town, closely followed by Dartford (9.3%) and Swindon (8.9%).

Peter Turner, managing director of Experian Interactive, UK&I, said: “In spite of difficulties across the country in getting that first foot on the property ladder, online indicators suggest the market is improving for first time buyers.

“Year-on-year searches for ‘first time buyer mortgage’ were up 8-fold and searches for ‘95% mortgages for first time buyers’ more than doubled in the last 12 months.”