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First-time buyer numbers hit 12-year high

"First-time buyer numbers hit a 12-year high in 2019, with an estimated 353,436 people purchasing their first property during the year". "They accounted for 51% of all home purchases made with a mortgage during the year, compared with just 38% in 2008". "But first-time buyer numbers were broadly unchanged from 2018, suggesting affordability constraints may be a growing issue".

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