CONTINUING stability in the housing market appears to be helping many first-time buyers shun long-term mortgages and be far savvier with their offers.
According to Yorkshire Bank, 43 per cent of first-time buyers are now prepared to risk offering under the asking price and then only raising it if really required.
Research also found a number of first-time buyers are keeping their fingers crossed for a continuing hot British summer and hoping the Bank of England doesn't lose its cool on interest rates.
The rate hasn't changed for 11 months.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article