Published On: Wed, Jul 31st, 2024

Santander warns two in three first time buyers | Personal Finance | Finance


High house prices and bills means two in three first time buyers are forced to relocate to areas they know nothing about. And as many as 60 percent are taking a chance on moving to places they had not even previously heard of, according to research by Santander.

The research found that despite moving to a new area, some 40 percent of young buyers spend less time getting to know their neighbourhood than watching Netflix in a week.

The bank said a lack of suitable properties and affordability…



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