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Pennyfarthing Blogs

19 May First time buyers in rush to get on the property ladder as lockdown eases

Posted at 01:46 in by Joanna Kennedy | No Comments | 0 Likes |

As reported by The Times, estate agents and property websites have seen record numbers of first time buyers registering since the housing market reopened last week.

According to the UK’s largest estate agency group, Countrywide, first time buyers make up 44% of those searching for a property in April against 24% in the same month last year.

Online property portal Zoopla has also seen a rise in the first time buyer market with a 350% increase in those looking to get on the property ladder just last week alone.

In research for Hamptons International, Aneisha Beveridge commented, “For those who’ve still got their jobs, are working from home and have managed to save… it’s put them in a good position.”

Pennyfarthing Homes have also seen an increase in first time buyers in Fordingbridge with Starter Home viewings on Rightmove up by 25% compared to last week.

With the Starter Home Initiative, first time buyers can benefit from a 20% discount on a brand new Pennyfarthing Starter Home at Augustus Park, Fordingbridge. This double award-winning development features thirty-five fantastic Starter Homes which are now 70% sold!

But don't just take our word for it, hear what Charlotte and Sam have to say about life in their Starter Home:

"Our home is perfect, we've got the two bedrooms we wanted, it's an end of terrace with two allocated car parking spaces, a garden, a patio and a shed; we couldn't have wished for anymore for our first home. We're looking forward to many more years to come in our beautiful home!"

For more information on the Starter Home Initiative, speak to a member of our dedicated sales team at Augustus Park. Plus, you can now book a 1-2-1 appointment to view and reserve one of the final remaining Starter Homes at this stunning location.

Young first-time buyers sitting on the floor, smiling and drinking coffee.
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