You are now departing from the regulatory site of Censeo Financial


Rightmove – Second-time buyers are now the ‘squeezed middle’ of the property market

14 March, 2013

According to Rightmove, almost half of people buying for the second time are finding it difficult to accommodate the needs of their family while they have to spend a long wait on the bottom rung of the UK housing ladder.

Their latest buyers’ survey reveals that 40% of so called ‘second-steppers’ are worried that their home is too small for their family, while a further 7% have even put off having children because their property simply isn’t big enough.

The report states: “With the average age of prospective first-time buyers and second-time buyers standing at 30 and 41 respectively, late entry onto the housing ladder and longer stays on its bottom rung mean second-steppers, although active, are increasingly becoming the property market’s ‘squeezed middle’, weighed down by worries over space, age and kids.”

Should you click on any of the links above, you will leave the regulatory site of Censeo. Neither Censeo nor First Complete Ltd is responsible for the accuracy of information contained within the linked site.

Censeo Limited is an appointed representative of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products. Censeo Limited is registered in England and Wales, company registration number 06453977, the Registered Address 11b Newton Court, Pendeford Business Park, Wolverhampton, WV9 5HB.

We will charge a broker fee of between £295 and £495, payable on application. The amount we will charge is dependent on the amount of research and administration that is required.

Your home may be repossessed if you do not keep up repayments on your mortgage.

© 2008-2014 Censeo Ltd. All rights reserved. Data Protection Declaration & Privacy Policy | Company Information | Contact Us