UK first-time buyers at 11 year high

The numbers come from UK Finance, and reveal first-time homeowners completing at a rate of 1,000 a day in 2017, up 7.4% on 2016, and the highest number since 2006. On average, they spent 4.8% more on properties, but total money loaned was down 1.9%, suggesting a more cautious step up onto the property ladder. More here.