Personal Finance

How to make your dream of home ownership a reality

Margaret Barrett, managing director at Mortgage Navigators, offers practical advice for prospective first-time buyers

For over a decade, low- and middle-income earners have had so little hope of home-ownership

At last, we have signs of house prices stabilising, with various relief schemes and relaxed lending rules also improving affordability – and first-time buyers’ dreams of owning a property may just be moving closer to the reality of a dream home.

On the rental market, many who want to own their own home have been trapped into paying spiralling rent for years now, on account of well-documented supply and affordability concerns.

For over a decade, ...