Rising house prices, but still an increase in first-time buyers in the market

The prices of homes for sale have risen sharply recently. Compared to last year, they are almost 11% higher. But what is also striking: the number of houses sold rose by more than 27% in July! This is the biggest growth since 2020.

These figures come from the report 'Prices of existing homes for sale in July 2024' by the Land Registry and the Central Bureau of Statistics (CBS). An interesting and positive detail: there are many starters among the buyers!

Ideal starter homes

An important reason for this is that private landlords are selling their properties, according to various sources. New rules, such as the Affordable Rent Act, make it less attractive for them to rent out these properties. As a result, these homes, often smaller apartments, are coming on the market. These are ideal starter homes, as they often fit younger buyers' mortgage budgets.

Help taking out a starter mortgage

The result? More than half of recent home buyers were under 35 years old! Still struggling to secure your starter mortgage? Don't panic! You may be able to make use of additional financing options, such as the starter loan or other arrangements. At Van Loon, we are happy to help you identify all options and look for the best solution together.

We are aware of the rules and know how to help starters get started. So are you planning to buy your first home? Bidding with certainty increases your chances as a starter. Contact us and we'll be there for you. Leave your details below and we will calculate your maximum mortgage!

By the way, did you know that with Bieden met Zekerheid, you are 4 times more likely to buy your home? More information: download the white paper? Then click here >

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