Research claims first-time buyers not being squeezed out by big investors
Analysis of CSO figures shows owner-occupiers bought nearly half of homes that changed hands last year
New research challenges the urban narrative that institutional investors are crowding first-time buyers out of the housing market.
Estate agent Hooke & MacDonald’s assessment of the CSO figures released last week for 2021 shows first-time buyer share of new house purchases rose to 33 per cent or 4,109 new homes.
Owner-occupier share stayed at 26 per cent or 3,115 new homes, while approved housing bodies, charities and local authorities amounted to 2,635 or 22 per ...