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Mortgage lending figures

First-time buyers numbers hit 11-year high

In 2017 the number of first-time buyers reached its highest level since 2006, according to UK Finance’s latest mortgage trends update. First-time buyer numbers totalled 365,000, an annual increase of 7.4% from 340,000 in 2016. On a monthly basis, the figures for December 2017 saw a fall in mortgage lending to first-time buyers, home movers and buy-to-let purchasers compared to ...