20th March 2018
Things are looking up for those wishing to get on the property ladder. In 2017 more first-time buyers took out mortgages than any year since the financial crisis.
The number of UK first-time buyers is at the highest it has been for 10 years. In January, the number of buyers entering the market rose by 16.4%. But why is this?
In the Autumn 2017 budget, Stamp Duty was immediately abolished for first-time buyers. That’s a saving of up to £5,000, which is definitely an appealing change for people wanting to buy.
Government schemes like Help to Buy allow you to buy as little as 25% of a home and pay rent on the rest. The deposit is much lower, and you can buy bigger shares of the property as and when you can afford to.
Help to Buy ISAs see the government boost your savings by 25% and more. Simply open the ISA, and for every £200 you save, you’ll get a bonus of £50.
Help to Buy Equity Loans from the government see first time buyers lent 20% of the cost of a newly built home. This means a cash deposit of just 5%, and a 75% mortgage to make up the rest.
As well as understanding and awareness of these schemes, mortgage approvals are rising. For debut homeowners, approvals lifted from 53% in 2016 to 74% in 2017. As access to finance improves, the rates in first-time buyers rise. Property expert David Maslen said:
“First time buyers are very important to the market - crucial in fact. Without them, sellers can’t move on, meaning the property market comes to a grinding halt. It’s all a chain reaction.”
Are you thinking about buying your first property in Brighton & Hove? It’s important you work with someone who will make the process smooth for you. Maslen Estate Agents offer everything from independent financial advice to regular contact to reassure you throughout the buying process. If you would like help, read our checklist for first-time buyers or get in touch today.
Paula was absolutely amazing!
Mr & Mrs MacKay Lewes Road
All agents at Maslen were extremely helpful and polite from the beginning to the completion of sale.
Mr Johnson Fiveways
Great service, always polite and friendly. Excellent contact and info all the way.
Mr Wells Bishops Road
From start to finish the sale was dealt with in a thoroughly professional manner.
Mr Gibbs Lewes Road
I would recommend Maslen to anyone.
Mrs Tripp Woodingdean
Exceptional service throughout the process - should we decide to sell in the future we wouldn't hesitate to use your agency. You're a cut above the...
Ms Windels & Mr Barham Fiveways
I was new to the area and viewed a lot of properties with a lot of different agents. Maslens were by far the best I came in contact with, so when i...
Mr & Mrs Heer Lewes Road
Very professional service. Thank you!
Miss New & Mr Jackson Buller Road
Our local office manager, Sharon Wareham was warm and friendly and kept us up to date at all times.
Mr Hope The Brow
Service exceeded my expectations overall at all stages of the process - I wouldn't hesitate to recommend you. Thanks.
Ms Greene Lewes Road
Sharon was excellent, she kept us informed at all stages and was a really calming objective influence in the process.
Ms Frederick Channel View Road
Very impressed with the service. Sharon Wareham works tirelessly, very professionally and is always there for advice.
Miss Matthews Kipling Avenue
Nick and Paula are total stars! They were incredibly supportive and present throughout. Thank you!
Miss O'Haire Hove
Very impressive - professional and friendly, both Martin Timms and Paula Carter were excellent at keeping in contact with sensible advice based on...
Mrs O'Connor Hove
Please thank Paula at Lewes Road - Excellent service.
Mr & Mrs Nuthall Lewes Road
Paul was absolutely brilliant.
Mrs Tasker Fiveways
Superb service as usual, I would always recommend you.
Ms S Hike Blackthorn Close
Paula was fabulous and we felt really informed and supported.
Mr & Mrs Walker Lewes Road
A really good experience.
Mr Tibble Lewes Road
Brilliant. Well done to Sharon and the Woodingdean team.
Ms Curtis The Ridgway
Excellent communication and advice throughout. It felt very reassuring to be in good hands.
Mrs Brooker Buller Road
I found the service to be courteous, friendly and efficient.
Mr Upton Buller Road
Very impressed with all dealings with Maslen. Paula Carter was in particular very knowledgeable and helpful.
Mr McBlane Hove
Very comprehensive and professional. Nice people to work with and highly recommended.
Mr Alderton Ladysmith Road
Thank you for everything!
Ms Tucker Willow Close
We were very pleased with services provided by the Fiveways office.
Mr & Mrs Sawyer Shaftesbury Road
Cannot express our appreciation enough of all the efforts made by the Woodingdean team - they were fantastic.
Mr John Mogridge Woodingdean
Very pleased with the service. Many thanks to Sharon and the boys!
Mr Flynn Woodingdean
Ben and Paula were calm and reassuring throughout a very difficult process!
Ms Easterbrook Bear Road
A completely painless experience from start to finish. Thank you.
Mr Woolven & Mrs Bessant-Woolven Lewes Road
All very professional, kept updated throughout. Very pleased - Would recommend.
Mrs Hammond Hove
Very happy with the service we got from you guys, everyone we dealt with was extremely friendly, professional and helpful. Thanks!
Mr Brown Titian Road
Sharon was amazing! She kept us up to date the whole way through the process. We cannot fault Sharon or the rest of her team.
Mr & Mrs Ashley Woodingdean
Maslens as a whole were really friendly and professional. I have to thank and congratulate Paula Carter for being superb at her job and exceeding m...
Ms Warren Hove
Graham Griffin provided us, and continues to provide us, will all-round excellent advice. We trust his knowledge and expertise.
Mr Blackmore & Ms O'Sullivan Financial Services
A good team at Woodingdean helped us through a stressful time.
Mr & Mrs Penton Sycamore Close
I wish we had used you to sell our property! Nice to meet honest people, who are genuinely interested in helping. Very pleased.
Mrs Porter Taunton Road
All the staff I dealt with were excellent. Sharon worked really hard to complete the sale.
Mrs Bent Falmer Gardens
Very good service and communication. Paula was excellent.
Mr & Mrs Scarboro 1 Pevensey Road
Many thanks to Nick. It was an easy process thanks to you! I'm extremely satisfied with how the sale went, great job.
Ms Mayanobe Aymer Road
Thank you Paul and Archie, you gave an excellent service, as well as Kelly. I look forward to working with you again.
Mr White Fiveways
Sharon was excellent - kept us well informed, thank you so much!
Ms Waters Cowley Drive
The staff were very helpful, an excellent service. I would recommend you to others.
Miss Hockly Fiveways
Very helpful and patient team.
Mrs Shea Selborne Place
Best Agents in Brighton.
Mrs Field Tarner Road
Ben was particularly enthusiastic and helpful. Martin, Paula, Sam and Will are all hard workers.
Ms Goodey Franklin Road
It was an amazing experience, everyone involved were fantastic.
Mr & Mrs Knight Woodingdean
The team worked very hard over a long period to ensure my sale went through - excellent service!
Mr Patrick Gladstone Terrace
Sold within 2 weeks for asking price "excellent!"
Mr Grundy Bishops Road
Hugely impressed with Ben & his team.
Mrs Mead Upper Lewes Road
An efficient, professional and friendly service. Helpful and a pleasure to do business with.
Mr Beddington Brading Road
As always, an excellent service.
Mr & Mrs Field Lewes Road
It was a long, drawn out process that the people at Maslen helped me through, without the impression that it was a chore. So extremely professional...
Mr McLagan Lewes Road
Thank you Maslens, you were all excellent!
Miss Jasper Taunton Road
You were amazingly helpful throughout - a real pillar of strength with a very difficult sale.
Mrs Parkin Fiveways
Very impressed with the efficient and friendly service, the staff were a pleasure to deal with.
Mr & Mrs Gill Lewes Road
The whole team were very committed from start to finish.
Mr Pilgrim Lewes Road
The Woodingdean team were very friendly and approachable.
Mrs Palmer Pitt Gardens
Paul Wilkinson was extremely helpful and efficient. The only problem was the vendors solicitor and Paul warned me of this. A good transaction all r...
Mr Lavender Fiveways
Compared to your rivals, your service was excellent
Ms McGrigor Milner Road
Already recommended you! Thank you.
Mr Edwards The Ridgway
Excellent service as always
Mr Field Ringmer Road
Thanks for an excellent service.
Mr King Hove
Best Estate Agents ever experienced - professional, approachable, competent and exemplary.
Mr & Mrs Guest Riley Road
Fantastic service. By far the best agents we have ever used, I cannot recommend you highly enough.
Mr Field Mafeking Road
Extremely efficient. Nick and Paula are excellent. The weekly phone calls were much appreciated.
Ms Gray Lewes Road
Thank you. We found all the staff knowledgeable and really pleasant to deal with.
Ms Ansloos Lewes Road
Paula's role was brilliant. Having someone office based and available was so appreciated and her promptness an impressive service - every Estate Agent...
Ms Wynn-Jones Baxter Street
In February 2016 I was looking to buy and sell very rapidly. Competition among buyers at the time was very high. Sharon @ the Woodingdean branch sh...
Ms Helen Lyons Woodingdean
The sale was dealt with swiftly, professionally and successfully. Thank you Maslen!
Mrs Lincoln Hove
We were delighted with the service received from all the staff with whom we had contact,
Dr Crichton The Ridgway
First class service from a first class team.
Mr & Mrs English The Ridgway
First class service. Friendly and professional.
Mr Thorne The Avenue
Excellent Service from start to finish.
Mr T Mole Cromwell Road
Quality advice about when and how to sell, which was spot on. Thank you.
Miss Coleman Buller Road
Paula is amazing!
Ms Aspnall Gladstone Place
Very thorough & very informative.
Mr Michnowicz Waldegrave Road
Thanks David, all very professional.
Mrs Flowers Foxdown Road
Good team. Straightforward. No nonsense.
Mr Standing Newmarket Road
Very pleased with the experience. I would definitely recommend you and use you again.
Ms D Edmonds Horton Road
Sharon, Harvey and James were all excellent - very professional. Totally opposite to what I have experienced with other agents. Maslen have restore...
Ms Lyons Woodingdean
A very committed team who made the sale process very easy.
Ms Rees Ticehurst Road
Harvey was helpful and easily reachable at the beginning of the process and Sharon kept us informed and was always happy to help.
Ms Murch & Ms Mapa Ticehurst Road
Outstanding service from Sharon. James is an asset to Maslens & Harvey was so helpful and polite.
Ms Cianchetta Selhurst Road
Sharon and her team could not have done more in what was a difficult sale.
Ms Daly Woodingdean
Excellent service from the Lewes Road branch. Martin Timms secured a quick sale & at a good price & Paula Carter worked really hard to secure...
Ms Schulte Bear Road
Excellent customer service throughout. I will definitely recommend you, and use you again. Thank you.
Ms Longley Kingsbury Street
A very positive experience - I had most contact with the Fiveways office and they were so friendly and helpful.
Ms A King Balfour Road
Very, very happy we chose you, felt right from the start! Thank you!
Miss Blackadder Coniston Court, Holland Road
I have bought and sold 7 properties, and this was the best experience of an estate agents services I have found.
Mrs Shepherd Hertford Road
Very pleased with the excellent service throughout. Professional, friendly, efficient and no hard sell. Achieved above asking price. Thank you!
Mr Witten Lewes Road
The whole team were excellent, each one of them felt like family. Sharon had a lot of sorting to do at times but coped very well, a true profession...
Mr Vernon Woodingdean
We were very impressed with the Nick from start to finish.
Mr & Mrs Smith Lewes Road