With UK property prices again on the increase, buying a first home is as difficult as it has ever been. With an industry based on supply and demand, fewer available properties and increasing numbers wanting to buy them, has fuelled a big increase in average house and flat prices. However, while one section chooses to downsize to release equity, moving from house to apartment, first time buyers are going the other way, bypassing flats and looking at greater numbers of semi-detached houses. A Growing Trend Flat buying has for years been the way many young couples have got a foot on the property ladder. Now, according to a Halifax Building Society survey, with flat prices having increased an average 60% over the last ten years, compared to all other residential property increasing by 38%, something with a garden is becoming an increasingly attractive prospect.
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