Wed 04 Jul 2012
New data from Yorkshire Building Society has revealed that first-time buyers in 2012 find financial planning more important than before the economic downturn as reported on houseladder.co.uk. Their research demonstrated that first-time buyers view home buying as a chance to strengthen their financial position. The building society also found in their survey that three quarters of the people not on the property ladder aspire to own a home. Group Direct Mortgage Manager, Chris Smith from at Yorkshire Building Society commented on houseladder.co.uk that: "It's encouraging to see the proportion of first time buyers has actually begun to increase in this period and more people are seeing home purchase as a prudent financial decision."